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…

Purpose: The Australian Government has long used its international scholarship programs as an instrument of soft power in international diplomacy. The paper examines an international scholarship program and its role in Australia's soft power efforts during a period in recent history. Design/methodology/approach: The Australia in the Asian Century…

The notion of merit-aid is not a new development in higher education. Although previous researchers have demonstrated the impact of state-adopted merit-aid funding on student decision-making, fewer studies have examined institutional pricing responses to broad-based merit-aid policies. Using a generalized difference-in-difference approach, we…

The creation of the Tennessee Education Lottery Scholarship (TELS) program provides a natural experiment where a difference-in-differences estimation design is employed to isolate how state merit aid funding may lead institutions to change their institutional grant aid. Principal agent and resource dependence theories together establish state and…

This dissertation focuses on microeconomic topics in the fields of public, labor and education. Particularly, this dissertation evaluates state policies in higher education and develops a global measure for job quality. Chapter 1 studies how state merit aid programs affect undergraduate degrees earned in Science, Technology, Engineering and…

The purpose of this study was to analyze whether four-year, public institutions altered their behaviors as their revenue streams changed. I utilized state based merit aid adoption to examine whether institutions altered their functional expenditures and faculty employment behaviors as institutions became more resource dependent on students. The…

This report presents a comparative overview of the main features of national student fee and financial support systems in European higher education in the 2020/21 academic year. It provides insights on whether any fees are charged to students in higher education, which students may have to pay such fees and how much. It also presents public…

This annual report shows how fee and support systems (including grants and loans) interact in higher education in Europe. It provides both a comparative overview and individual country sheets outlining the main elements of national systems. In particular, the publication describes the range of fees charged to students, specifying the categories of…

It was not far back in history when a significant section of society in India preferred public funding over private funding for education. This article attempts to go back to the decisive point when private funding replaced public funding for education. It also investigates the reasons for such a shift in preference. Even after the preference for…

In this brief, the authors review some of the main goals of state student financial aid programs and provide a few examples of how these programs are organized. They also describe how state programs vary in terms of who benefits. They then discuss various possible designs for joint federal-state policymaking in this area and study their impact.…

In this paper, we leverage detailed, individual-level student data to understand the relationships between family finances, merit-based aid, and first-year student retention. With three cohorts of student data that comprise family financial status, institutional merit scholarships, and many of the other known correlates of student retention, we…

For 50 years, the Higher Education Act has been the primary vehicle for advancing federal higher education policy. Many policymakers and interested observers expect its upcoming reauthorization to address three overarching topic areas: college affordability, institutional quality, and student safety. Indeed, previous reauthorizations have…

President Obama has proposed a financial aid policy whereby students who complete 100 hours of community service would receive a tax credit of US$4,000 for college. After lawmakers cut this proposal from previous legislation, the administration was tasked with studying the feasibility of implementation. However, the implications of the policy for…

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…