By Rupert Wilkinson
From the 1st scholarship donated to Harvard in 1643 to trendy international of "enrollment administration" and federal delivers and loans, the writer offers a full of life social and fiscal historical past of the conflicting reasons of scholar relief and makes proposals for the longer term. His examine for this e-book is predicated on data and interviews at 131 private and non-private associations around the United States.In the phrases of Joe Paul Case, Dean and Director of monetary relief, Amherst university, "Wilkinson has mined the files of dozens of associations to create a mosaic that information the development of pupil the aid of the seventeenth century to the current. He provides specific awareness to the origins of need-based counsel, from the charitable benevolence of early schools to the regulation-laden guidelines of the government. He offers due attention to institutional motive--he demanding situations the egalitarian platitudes of prosperous schools and questions the countervailing industry and monetary forces that can imperil need-based reduction at much less aggressive associations. by means of drawing on ratings of private interviews and exchanges of correspondence with relief practitioners, Wilkinson fleshes out fresh a long time, aiding the reader to appreciate new tendencies within the provision of aid."
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Additional info for Aiding Students, Buying Students: Financial Aid in America
Here the routes to moneyed status and academic selectivity ran in different directions, at least for a time. Conversely, between the World Wars the free-tuition College of the City of New York (CCNY) was arguably the country’s most selective college as a result of strong local demand from bright, lower-income Jews. By staying local, as it had to as a municipal college, CCNY attained high academic quality though not high social prestige. 23 The general move up and away from local constituencies has involved financial aid in several ways.
New York: McGraw-Hill, 1973), page 32. Percentages based on all students, whether or not they received aid. Graph lines do not show fluctuations between tenyear points. 1. Full tuition and fees, plus living and incidental costs. 30 part i The American Way of Student Aid arships, between a quarter and a third of students received grant aid covering about half of their expenses, if they were frugal; there was also aid from jobs and loans. At Amherst, 39 percent of its first thirteen hundred students between 1821 and 1845 were ministerial charity students who got free tuition amounting to about a quarter of basic expenses.
In 1903 Swarthmore (founded 1865) returned 25 percent of its charges back to students as scholarships. The president of the time, Joseph Swain, had just started an admissions drive that would double Swarthmore’s enrollment from 209 to 420 students in ten years, and he needed financial aid to do it. As Swarthmore’s reputation and applicant pool grew, the college held back on aid, sinking to a low of 5 percent of charges in the early 1920s. The percentage then more than doubled because of a new honors program involving merit scholarships, followed by increased need for student aid in the 1930s.
Aiding Students, Buying Students: Financial Aid in America by Rupert Wilkinson