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Bettinger, Eric; Gurantz, Oded; Kawano, Laura; Sacerdote, Bruce – Stanford Center for Education Policy Analysis, 2016
We examine the impacts of being awarded a Cal Grant, among the most generous state merit aid programs. We exploit variation in eligibility rules using GPA and family income cutoffs that are ex ante unknown to applicants. Cal Grant eligibility increases degree completion by 2 to 5 percentage points in our reduced form estimates. Cal Grant also…
Descriptors: Merit Scholarships, Grants, State Aid, Eligibility