Limited literature has investigated the effects of state and institutional merit-based financial aid on student choice of science, technology, engineering, and mathematics (STEM) major fields, an unintended consequence with important implications. By leveraging nationally representative longitudinal data from the Beginning Postsecondary Students,…

This dissertation study examines the ways that a large, public flagship university uses automatic-consideration merit scholarships to meet the goals of the institution, particularly as they relate to enrollment, university prestige, nonresident-to-resident balancing, and funding. Employing a mixed-methods design, the author uses qualitative and…

Objective/Research Question: States have increasingly used merit-based criteria to distribute scholarships and grants, and the dominant conversation on merit-aid programs centers on students attending 4-year colleges and universities. This study examines the characteristics of state-funded merit-aid programs for community college students and…

We study supply-side responses to student financial aid, focusing on how tuition responds to the targeting of aid. Our framework identifies two mechanisms: a direct effect, which raises tuition, and a composition effect, which can lower tuition if aid targets price-sensitive students. Leveraging a reform in Brazil's student loan program, we…

Universities use merit-based scholarships as a recruitment tool to attract and enrol academically talented students. Various literature concludes scholarships can have an overall positive impact on the enrolment yield of new students. This article provides an analysis of the merit-based scholarship programme for new students at a Japan-based…

Georgia offers two merit-based scholarships to in-state college students: HOPE Scholarships, which provide partial tuition support, and Zell Miller Scholarships, which provide full tuition support but with stricter eligibility and retention conditions. Studies have examined retention of these scholarships but not other dynamics, including gaining…

This randomized trial investigates the long-term effects of a primary school scholarship program in rural Cambodia. We estimate impacts--9 years after program inception--on educational attainment, cognitive skills, socio-emotional outcomes, labor market outcomes, and well-being. Our results point to systematic improvements in educational…

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…

When institutions introduce financial aid policies, researchers have an opportunity to study these policies within the framework of a natural experiment. For this methodological note, I use a natural experiment that occurred at the public university when institutional scholarship for all first-time freshmen meeting a minimum high school grade…

Understanding how students with low socioeconomic status finance their tuition over time can help us comprehend the impact of students' decisions on their subsequent curricular progress, graduation, or dropout. This work presents a curricular analytics approach using process mining techniques to study educational funding trajectories as processes.…

The United States has widely experimented with merit-based financial aid to make college more accessible and affordable for its youth. Varying in design and benefits, these state-run programs subsidize college costs for academically meritorious high-school graduates. While broadly linked to higher college attendance the distribution of aid…

This dissertation studies the market for higher education and impacts of higher education policy on the market. In the first chapter, I estimate the short-run elasticity of supply of higher education using the rollout of state merit grant programs as plausibly exogenous variation in student demand for in-state higher education. I find that public…

This dissertation addressed the underrepresentation of African American women attaining doctoral degrees at universities across the nation. It also explored the McNair Scholars Program, and the role the program played in preparing African American female students for graduate school and completion of the doctoral degree. In line with the…

Little is known about what influences high-achieving, low-income students' persistence in higher education, despite extensive work on their enrolment decision. This paper investigates the role of credit constraints. Using exhaustive administrative data for France, I estimate the impact of automatically granting generous additional aid to enrolled…

While the popularity of state-financed merit-based scholarships has increased since the 1980s, policymakers struggle to maintain these programs because of growing costs. Some have tried to manage this tradeoff through eligibility changes or award amounts; however, little empirical research exists on the effectiveness of these changes. We add to…