This study evaluates the effect of Florida's Bright Future Program on student college choices. We used regression discontinuity design to estimate the effect of two award levels, which had different SAT/ACT thresholds, on the probability of students choosing in-state public colleges and four-year public colleges. The most consistent and robust…

In this study, we investigate the impact of the Bright Futures Scholarship Program on college enrollment and degree production in Florida by using IPEDS enrollment, migration, and completion data. Results suggest large and significant enrollment effects at Florida's public 4- and 2-year institutions, for both full-time and part-time enrollment.…

Since Georgia's "Helping Outstanding Pupils Educationally" (HOPE) Scholarship was initiated in 1993, more than a dozen states have adopted similar state-sponsored merit-based financial aid programs. One recent concern on merit-based programs has focused on their unintended adverse effect on students' choosing science and engineering as…

In this study, the authors use college enrollment and migration data to test the brain drain hypothesis. Their results suggest that state merit scholarship programs do indeed stanch the migration of "best and brightest" students to other states. In the aggregate and on average, the implementation of state merit aid programs increases the…

This paper uses panel data for the 100 colleges and universities at which the largest number of National Merit Scholarship (NMS) winners enrolled in 2003 to test whether an expansion in the number of institutionally funded NMS winners at an institution is associated with a decline in the number of Pell Grant recipients at the institution. Our…