Book vouchers serve as one component of need-based financial aid packages at the College of Southern Nevada, one of the nation’s largest community colleges. This study compared the academic performance of FAFSA applicants in attendance during the 2008-09 and 2009-10 academic years. A basic exploratory analysis was conducted that examined the academic outcomes of seven students groups with different financial aid packaging outcomes. Student groups were ranked by their academic performance, which comprised of grade point average, percentages of full-time attendance, and percentage of successful, full-time attendance completion. Within these measures, book voucher recipients were found to have better overall academic performance than students who received Federal Pell Grants – even when Pell was combined with institutional grant or work-study funds.
Hurley, Peter M.
"Book Vouchers: An Exploratory Analysis of Their Use and Effectiveness,"
Journal of Student Financial Aid: Vol. 41
, Article 3.
Available at: http://publications.nasfaa.org/jsfa/vol41/iss3/3