This dissertation investigates several topics in state merit-based financial aid research. The main research content includes three separate studies, primarily using the administrative datasets from the Missouri Department of Higher Education. The first study is an empirical paper that examines the effects of the Missouri Bright Flight Scholarship…

For more than seventy-five years, standardized tests have been considered a vital tool for gauging students' readiness for college. However, few people--including students, parents, teachers, and policy makers--understand how tests like the SAT or ACT are used in admissions decisions. Once touted as the best way to compare students from diverse…

As the nation's newest broad-based merit aid program, the Tennessee Education Lottery Scholarship program's generous eligibility requirements may target the very students who are disproportionately left out of similar programs in other states. This article compares the scholarship eligibility rates of Tennessee students with three other states:…