ERIC Number: ED530449
Record Type: Non-Journal
Publication Date: 2012
SMART Money: Do Financial Incentives Encourage College Students to Study Science?
Evans, Brent J.
Society for Research on Educational Effectiveness
This research examines the short term success of a postsecondary federal financial aid program, the SMART Grant, designed to increase this stock of scientific human capital. An exploration of the success of this program provides the opportunity to address two critically important research questions. Do financial incentives encourage students to major in science? Does additional grant aid improve undergraduate persist at four-year colleges? By exploiting the GPA and Pell eligibility cutoffs to receive a SMART Grant, this paper employs a regression discontinuity analysis to answer both questions.
Descriptors: Incentives, Undergraduate Students, Student Financial Aid, Federal Programs, Grants, Majors (Students), Science Education, Academic Persistence, Colleges, Grade Point Average, Eligibility, Regression (Statistics), Research Design
Society for Research on Educational Effectiveness. 2040 Sheridan Road, Evanston, IL 60208. Tel: 202-495-0920; Fax: 202-640-4401; e-mail: firstname.lastname@example.org; Web site: http://www.sree.org
Publication Type: Reports - Research
Education Level: Higher Education; Postsecondary Education
Authoring Institution: Society for Research on Educational Effectiveness (SREE)
Identifiers - Location: Ohio
Identifiers - Laws, Policies, & Programs: Pell Grant Program