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Performance of the Different Methods of Study Financing: A Measurement through the Data Envelopment Analysis Method

Author

Listed:
  • Valérie Vierstraete

    (GREDI, Department of Economics, Université de Sherbrooke)

  • Eric Yergeau

    (Department of Vocational Guidance, Université de Sherbrooke)

Abstract

Financial hardship can significantly undermine post-secondary students’ ability to attain their academic goals: completing their training and obtaining degrees with good grades. This study considers which method of financing studies—loans and bursaries from the Government, student aid granted directly by universities, scholarships or on-campus jobs, off-campus jobs or parental financial contribution—will best help students attain academic success. For these purposes, we use a non-parametric data envelopment method, the Data Envelopment Analysis (DEA) which will enable us to determine a theoretically efficient production frontier against which the efficiency of students will be measured. Depending on the financing methods used, the conclusions of this study show efficiency differences.

Suggested Citation

  • Valérie Vierstraete & Eric Yergeau, 2010. "Performance of the Different Methods of Study Financing: A Measurement through the Data Envelopment Analysis Method," Cahiers de recherche 10-24, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    • Handle: RePEc:shr:wpaper:10-24
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    File URL: http://gredi.recherche.usherbrooke.ca/wpapers/GREDI-1024.pdf
    File Function: First version, 2010
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    Keywords

    Data Envelopment Analysis; efficiency; student aid; university;
    All these keywords.

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

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