TY - JOUR
T1 - “Take my word for it”
T2 - Group Texts and Testimonials Enhance State and Federal Student Aid Applications
AU - Jabbari, Jason
AU - Roll, Stephen
AU - Bufe, Sam
AU - McKay, Jessica
N1 - Publisher Copyright:
© 2022
PY - 2022/6
Y1 - 2022/6
N2 - As the cost of college continues to rise, it has become increasingly important for students to apply for financial aid. However, many students are unaware of the benefits of the Free Application for Federal Student Aid (FAFSA). We launched a field experiment with a non-profit organization to explore how both informational- and testimonial-type text messages impacted FAFSA application rates. 2,236 potential students were randomized into three groups: a control group that focused on reminders for upcoming deadlines, a treatment group that focused on benefits-framed messaging, and a second treatment group that combined the benefit messages with testimonial messages. Each group received 8 text messages from late September 2020 to early March 2021. Though both treatment groups were significantly better at motivating FAFSA applications than the control, the condition with benefits-framed and testimonial messages was the most effective. Participants in this condition were 87% more likely to make a FAFSA appointment than the control group.
AB - As the cost of college continues to rise, it has become increasingly important for students to apply for financial aid. However, many students are unaware of the benefits of the Free Application for Federal Student Aid (FAFSA). We launched a field experiment with a non-profit organization to explore how both informational- and testimonial-type text messages impacted FAFSA application rates. 2,236 potential students were randomized into three groups: a control group that focused on reminders for upcoming deadlines, a treatment group that focused on benefits-framed messaging, and a second treatment group that combined the benefit messages with testimonial messages. Each group received 8 text messages from late September 2020 to early March 2021. Though both treatment groups were significantly better at motivating FAFSA applications than the control, the condition with benefits-framed and testimonial messages was the most effective. Participants in this condition were 87% more likely to make a FAFSA appointment than the control group.
UR - https://www.scopus.com/pages/publications/85126050519
U2 - 10.1016/j.socec.2022.101864
DO - 10.1016/j.socec.2022.101864
M3 - Article
AN - SCOPUS:85126050519
SN - 2214-8043
VL - 98
JO - Journal of Behavioral and Experimental Economics
JF - Journal of Behavioral and Experimental Economics
M1 - 101864
ER -