Lack of financial resources to pay for postsecondary education—perceived and actual—has been cited as a barrier to student access and persistence, particularly for Latino students. This study investigates the following question: “To what extent does financial aid affect the educational attainment of Latinos enrolled in Associate’s degree programs, and how do these effects change over time?” We find receiving aid of any type was positively associated with degree completion, though the effect declined over time.
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