In 2006, Michigan changed their traditional merit award to a credit contingent program based upon successful completion of 60 college credits. The Michigan Promise Scholarship was crafted by state policymakers without input from the financial aid community. This case study suggests that the change in policy resulted in two unintended consequences:…

This Statistics in Brief first examines merit aid and other non-need-based aid from all sources and then focuses on two sources of merit aid widely cited in empirical and policy-oriented literature--postsecondary institutions and states--examining how much merit aid students received and the characteristics of students who received it. It tracks…

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…

Despite the scholarly attention on the effects of merit aid on college access and choice, particularly on the significant effect that states' varied eligibility criteria play, no studies have examined the policy process through which merit aid criteria are determined. This is surprising given the recent attention to state-level policy dynamics and…

Changes in the distribution of student financial aid have taken place at the state and federal level. In addition, several authors have reported on shifts in the awarding of financial aid to students at the institutional level. The analysis described in this study examines shifts in institutional responsiveness to both student need and student…

The current study examined the validity of the selection process used for the National Merit Scholarship Program (NMSP) to identify scholarship winners. Namely, this study examined whether students who advanced to higher NMSP recognition levels (Commended Students, Semifinalists, and various levels of award winners) had higher college performance,…

This study examines whether non-need, merit-based scholarship programs are effective in encouraging students to enroll in postsecondary education and, more specifically, attend an in-state college. National residence and migration data from 1992 to 2004 (alternating even years) were used within a fixed effect regression framework. This approach,…

Is a popular innovation for increasing human capital in the teaching profession--competitive college scholarships for teachers--effective? The authors show that one large and long-standing merit-based scholarship program (a) attracts teacher candidates who have high academic qualifications; (b) yields graduates who teach lower performing students,…

Academic achievement in higher education is an important current policy issue because institutions are under public pressure to justify state subsidies and rising tuitions with demonstrable gains in student learning. This article uses data from three flagship public universities to examine the effects of financial aid on first-through fourth-year…

Merit-based financial aid awards have become increasingly prevalent in the pricing policies of higher education institutions. This study utilizes an experiment to estimate the efficacy of merit-aid awards in achieving the institutional objective of attracting the most academically desirable applicants. I find that merit aid has a statistically…

The increasing use by private colleges and universities of financial aid based on "merit", as opposed to based solely on financial need has caused many to raise concerns that this type of aid will go mainly to higher income students crowding out aid to lower income students. However, some analysts suggest that by attracting more "almost…

The SREB Fact Book on Higher Education includes data on the population and economy, enrollment, degrees, student tuition and financial aid, faculty and administrators, revenue and expenditures. With more than 100 tables of detailed information, the Fact Book is one of the nation's most respected and most comprehensive collections of comparative…

Many political scientists maintain that public policies diffuse across states and that proximate states, in particular, influence one another's policy activities. Using state-funded merit aid for college as its case, this article takes a new approach to the study of the diffusion phenomenon, leaving behind conventional techniques used by…

The current study explored differences in financial behaviors between college students in Georgia who retained the merit-based HOPE Scholarship and those who lost it. Logistic regression was used to analyze data from a sample of 557 undergraduate students from a large southeastern university. Students who initially had HOPE Scholarships but lost…

As state-level merit-based financial aid programs proliferate, analysts both find that these programs have a disproportionate effect on students traditionally under-represented in postsecondary education and question the use of limited public resources in an inefficient and inequitable manner. This study, using survey data regarding the…