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Key Findings

• Receiving a Wisconsin Grant offer increased the rate of degree completion for the lowest-income students. Completion rates increased by 1.5 percentage points from a baseline of 17.5 percent among the group with an expected family contribution of zero.
• Wisconsin Grant dollars allocated to the lowest-income students could pay for themselves in increased tax revenue for the state. A dollar spent on Wisconsin Grant aid is likely to be paid back to the state within the working career of technical degree recipients.
• When state resources for higher education do not respond to student demand, the shortages have a real impact on students. In this case, the desirability of technical skills outpaced the funding that Wisconsin had allocated to support students, leaving some low-income students with less support and, consequently, lower graduation rates.