Financial Aid and Attainment Among Students in a State with Changing Demographics

Using event history analysis, this study investigated to what extent differentiated forms of aid affected the educational attainment of various student populations with particular interest on the Latinos/as within this emerging settlement state: Indiana. Findings suggest that the effects of aid are moderated by race and ethnicity. State grants, primarily need-based, played a significant if not modest role in encouraging persistence among Latino students, more so than peers from other racial/ethnic groups. No significant direct relationship was found between federal grants and loans for Latino students with respect to graduation.