While considerable evidence has accumulated on state-funded merit-based scholarships, research on the effects of specific scholarship design choices has been thin, perhaps in part because cross-state comparisons are difficult. As one of the only states to enact major changes in the design of its merit-based scholarship program, Georgia provides a…

Earning a college degree in the United States, especially from a college or university deemed elite or prestigious, is seen as the path to a more financially secure and prosperous life for the student and their family. Competition for financial aid or admission to top-ranked colleges and universities is fierce. For this reason, families of all…

The United States has widely experimented with merit-based financial aid to make college more accessible and affordable for its youth. Varying in design and benefits, these state-run programs subsidize college costs for academically meritorious high-school graduates. While broadly linked to higher college attendance the distribution of aid…

Professional school counselors play a role in helping students and families make college decisions. One student group that may have unique challenges are student athletes who wish to compete at the collegiate level. These students have additional requirements, beyond traditional admission procedures, to meet eligibility requirements. The purpose…

Do students respond to sticker prices or actual prices when applying to college? These costs differ for students eligible for financial aid. Students who do not understand this may not apply to some colleges because of the perceived high cost. We test for this form of "sticker shock" using College Board data on SAT scores sent, as a…

We replicate and extend prior work on Florida's Bright Futures merit aid scholarship to consider its effect on college enrollment and degree completion. We estimate causal impacts using a regression discontinuity design to exploit SAT thresholds that strongly determine eligibility. We find no positive impacts on attendance or attainment, and…

We replicate and extend prior work on Florida's Bright Futures merit aid scholarship to consider its effect on college enrollment and degree completion. We estimate causal impacts using a regression discontinuity design to exploit SAT thresholds that strongly determine eligibility. We find no positive impacts on attendance or attainment, and…

This dissertation investigates the impact of information and policy on the efficiency of higher education financing, particularly for low-income students in Latin America. Through three empirical studies, it addresses the barriers posed by information asymmetries and institutional discretion in student loan and college admission processes and…

Local-level, place-based scholarships -- synonymous with "promise" scholarships -- are a policy strategy to improve college completion in the United States by directing financial aid to students in a particular school, district, or geographical area. There are currently upwards of 90 place-based scholarship programs across the US, most…