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…

This study examines the impact of merit-aid programs on secondary course taking patterns. Specifically, this study uses difference-in-differences to analyze state-level Advanced Placement (AP) participation and examination data pre and post merit-aid adoption. Results indicate increases in AP participation and number of total examinations after…

The adoption of state-funded merit-based aid programs has become increasingly popular among policy-makers, particularly in the southeastern part of the United States. One of the primary rationales of state-funded merit-based aid is to provide scholarships to the best and brightest students as a means to retain high quality human capital in the…