Administering Outcomes-Based Financial Aid Programs

As state and federal agencies increasingly condition institutional funding on student outcomes, university leaders are under pressure to develop innovative strategies to boost student retention and degree completion rates. This report examines public university initiatives that strategically leverage financial aid to support institutional retention and degree completion goals.

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magine if you will the near perfect statefunded program. Yes, I know, such words sound like an oxymoron, given the track record of both state and federally-funded programs, past, present and undoubtedly in the future. Indeed, such words sound almost mythological in light of recent attempts by the federal government to spend us out of the current recession with still doubtful results (so far, a record deficit). Yet, you’re an imaginative individual and can put aside petty political persiflage and visualize such a program. Not only does this program do precisely what it said it would do, it does it so surprisingly well that, as a taxpayer, you’re completely astonished and whole-heartedly impressed.