UW-Madison team launches study of financial aid - WKOW 27: Madison, WI Breaking News, Weather and Sports

UW-Madison team launches study of financial aid

MADISON, Wis. (AP) -- University of Wisconsin-Madison researchers say they have started a groundbreaking study of financial aid involving nearly 6,000 Wisconsin college students.

The goal of the study is to learn more about how financial aid affects low-income students during college and beyond.

Researchers say they may track the participants for a decade or more and examine the impact of aid on college completion, employment and income.

The participants are Wisconsin residents receiving federal Pell grants at each of the state's 42 public colleges. Many of the students also receive grants from the new Fund for Wisconsin Scholars, a private foundation which selects its recipients randomly.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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