From The Chronicle of Higher Education:
Last fall, Shaun Fowler started his sophomore year at Georgia State University still owing $500 on his tuition bill. The finance major from Atlanta had only a few days of classes before the university would be forced to kick him out for nonpayment. Then Fowler would become yet another stain on the reputation of large urban public colleges with stubbornly low graduation rates. Only about half the students at Georgia State graduate within six years.
Fowler couldn’t come up with the money, so he was dropped from the class rolls. But within hours, he received a call from Georgia State’s financial-aid office with an offer of a $500 grant. “I jumped at the chance,” Fowler told me. Instead of shrinking his course load to lower his tuition bill, as he had planned, Fowler was back as a full-time student. “Without that money, I had no way to pay for school,” he said.