Low-income students' preferences for higher education might depend on the uncertainty of financial aid. Using a time discontinuity design, this paper exploits the unanticipated cancellation of a nationwide Colombian merit and need-based scholarship, called "Ser Pilo Paga," to study its consequences on students' preferences for higher…

We provide evidence about college financial aid from an eight-year randomized trial where high school ninth graders received a $12,000 merit-based grant offer. The program was designed to be free of tuition/fees at community colleges and substantially lower the cost of four-year colleges. During high school, it increased students' college…

Objective/Research Question: Community college "Promise" programs have proliferated recently, particularly in areas with many low-income, academically struggling students. Many Promise programs restrict eligibility by high school performance but set eligibility thresholds quite low. As such they function as "low-bar" merit…

To gain a deep and integrative understanding of the conditions associated with academic talent development, a cross-case qualitative study was conducted wherein six National Merit Scholars and their parents were interviewed. Findings from each case study pertaining to home, school, and personal conditions were revealed. Cross-case analysis…

The Tuition Opportunity Program for Students (subsequently renamed the Taylor Opportunity Program for Students, also known as TOPS), Louisiana's merit-based student aid program, was created via Act 1375 of the 1997 Regular Legislative Session. The first freshman class to receive TOPS awards entered postsecondary education in the fall of 1998. Act…

Background: Promise scholarship programs designed to increase college access and success are proliferating across the country. However, little research has investigated how such programs are implemented or how differences in program design, such as the inclusion of merit requirements, could affect the success of these initiatives. Project/Research…

We provide theory and evidence about how the design of college financial aid programs affects a variety of high school, college, and life outcomes. The evidence comes from an eight-year randomized trial where 2,587 high school ninth graders received a $12,000 merit-based grant offer. During high school, the program increased their college…

The COVID-19 pandemic has created and will continue to create uncertainty in all facets of everyday life, exacerbating current challenges -- and generating new ones -- for every sector of the economy, including postsecondary education. As the pandemic continues, postsecondary education faces increasing pressures as concerns about health and…

The effect of state funded merit aid for college tuition on student performance in high school has been largely ignored by the current literature on merit aid programs, even though one aim of these programs is to provide incentives for increased academic achievement in high school. To test for such effects, we employ a selection model for…

Talented students from underserved backgrounds face many barriers to attaining higher education. Two of the most significant impediments are the low quality of primary and secondary schools they attend and the lack of access to top-tier universities providing sufficient financial aid and targeted support. Lower levels of educational attainment are…

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…

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…

Twenty-one US states currently offer some form of merit-based postsecondary financial aid, although the generosity and eligibility requirements of merit aid programs varies from state to state. This article uses nationally representative data from high school students in the early 1990s and the early 2000s to evaluate the relationship between the…

This report examines Alaska public high school graduates' decisions to attend postsecondary education (including workforce training or college), attend in-state or out-of-state colleges, and to remain in or return to Alaska. Three groups of high school graduates' decisions are summarized to maximize the benefit from available data in the Alaska…

The Pittsburgh Promise is a scholarship program that provides $5,000 per year toward college tuition for public high school graduates in Pittsburgh, Pennsylvania who earned a 2.5 GPA and a 90% attendance record. This study used a difference-in-difference design to assess whether the introduction of the Promise scholarship program directly…