Category: Student Aid

Student Financial Aid Regimes

By Alex Usher and Jonathan Williams Last week, we presented you with an overview of tuition fee regimes around the world.  Not unreasonably, a few of you asked “what about student aid?  Doesn’t that matter?”.  Of course it does!  And we have you covered. So first of all, let’s talk about what we mean by student aid.  Broadly speaking, it comes in three forms: loans, grants, and “indirect aid”.  Loans are simple enough.  Grants are trickier, because while they usually

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The Twelve Student Aid Programs That Matter

One of the challenges of trying to do large-scale global comparative higher education work is focusing.  It’s a big world out there – and there are so many interesting variations and models that you just want to get your hands on everything.  But at some point, you must choose a few things in order to make sense of the bigger patterns. So it is with student financial assistance.  There are aid programs in a lot of countries, many with some

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The South Korean Student Aid Miracle

Last week, we did a piece on Canadian student financial assistance over the years.  Today, I want to jump across the Pacific to South Korea, because that country’s student aid system undergone some incredible policy shifts over the past 15 years. I truly think South Korean student aid policy might be one of the biggest stories in higher education finance anywhere in the world in the past decade, and it has, hitherto gone completely unnoticed by most in the rest

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A Long-Term View of Student Financial Aid in Canada

Over Xmas, someone asked me on Twitter whether student loans were replacing direct government support as a main source of public assistance.  I answered, no, direct government support either from the feds (mainly through research and infrastructure) or the provinces (operating grants), are worth about five times more that the annual value of student loans.  To wit, Figure 1. Figure 1: Annual Student Loan Disbursements vs. Total Government Transfers to Post-Secondary Institutions, Canada, 1989-90 to 2019-20, in constant $2019 Millions

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Experimental Evidence on Student Assistance

One of the things I am proudest of in my career is the role I played – almost 20 years ago when I was at the Canada Millennium Scholarship Foundation – in trying to start a tradition of evidence-based research in Canadian higher education.  And by evidence-based, I don’t just mean creating better statistical bases to describe systemic inputs and outputs, I mean actual experimental evidence regarding how certain treatments/policies work. For those of you not up on the concept

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