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Cornwell, Christopher M.; Lee, Kyung Hee; Mustard, David B. – Journal of Human Resources, 2005
A common justification for state-sponsored merit scholarships like Georgia's HOPE program is to promote academic achievement. However, grade-based retention rules encourage other behavioral responses. Using longitudinal records of enrolled undergraduates at the University of Georgia between 1989 and 1997, we estimate the effects of HOPE on…
Descriptors: Merit Scholarships, Student Behavior, Academic Achievement, College Freshmen