This project extends work seeking to identify options to simplify student financial aid (SFA) applications in Canada by assessing the scope for limiting or modifying the data elements currently collected to determine SFA offers. The analysis involves data from actual applications and awards. SRDC simulates aid offers to assess the role played by each data element in determining the level and composition of actual aid offers made and runs sensitivity tests for different student sub-groups to assess their vulnerability to the removal or modification of each element. The simulations and sensitivity tests are undertaken at both a national and a provincial level. The main deliverable is a range of simplification options along with the pros and cons of each, including a range of possible effects on program costs.
Capability: Data Sciences - Policy Research
Policy Area: Post-Secondary Education - Access and Persistence - Student Financial Aid
Population: Students - Youth