State Merit‐Based Financial Aid Programs and College Attainment

27 Pages Posted: 10 Jun 2015

See all articles by David L. Sjoquist

David L. Sjoquist

Georgia State University

John V. Winters

Iowa State University - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: June 2015

Abstract

This paper examines the effects of state merit‐based student aid programs on college attendance and degree completion. Our primary analysis uses microdata from the 2000 United States Census and 2001–2010 American Community Survey to estimate the effects of exposure to merit programs on educational outcomes for 25 states that adopted such programs by 2004. We also utilize administrative data for the University System of Georgia to look more in depth at the effects of exposure to the HOPE Scholarship on degree completion. We find strong consistent evidence that exposure to state merit aid programs have no meaningfully positive effect on college completion.

Suggested Citation

Sjoquist, David L. and Winters, John V., State Merit‐Based Financial Aid Programs and College Attainment (June 2015). Journal of Regional Science, Vol. 55, Issue 3, pp. 364-390, 2015, Available at SSRN: https://ssrn.com/abstract=2616543 or http://dx.doi.org/10.1111/jors.12161

David L. Sjoquist (Contact Author)

Georgia State University ( email )

P.O. Box 3992
Atlanta, GA 30302-3992
United States
404-413-0246 (Phone)

HOME PAGE: http://frp.aysps.gsu.edu/sjoquist/index.html

John V. Winters

Iowa State University - Department of Economics ( email )

260 Heady Hall
Ames, IA 50011
United States

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