An Event History Analysis of the Introduction of Single Institution “Promise” Student Financial Aid Programs
*Names in bold indicate Presenter
The study uses two primary data sources. The first is the Delta Cost Project Dataset derived from the Integrated Postsecondary Education Data System (IPEDS) as maintained by the National Center for Education Statistics. In addition, we use data on 82 single-institution Promise programs from the Penn AHEAD database of college Promise programs. Our panel dataset is identified at the institution-year level for the years 1987-2013.
Using an event history design, this work considers internal features, such as postsecondary institutional characteristics and Promise program factors, and diffusion factors that contribute to the timing of the introduction of a single-institution Promise program. Methodologically, results are presented using Kaplan-Meier curves, Cox proportional hazard models, and parametric survival models.
By considering one specific kind of program – single Promise programs that can only be used at one postsecondary institution – the project contributes to the literature by clearly identifying comparable Promise programs based on structure and design. By testing the effects of multiple programs in a single study, this research also enables a more robust understanding and comparison of programs than has been possible in prior literature. In addition, this study considers the temporal nature of the introduction of Promise programs, a feature of these programs that has not yet been explored in the literature.