This report examines the value of SAT scores for determining merit-based scholarship decisions as well as admission to highly selective academic programs such as honors programs or colleges. Results show that the SAT is a highly effective tool for predicting students' chances of earning a first-year grade point average (FYGPA) of 3.00 or higher…

We replicate and extend prior work on Florida's Bright Futures merit aid scholarship to consider its effect on college enrollment and degree completion. We estimate causal impacts using a regression discontinuity design to exploit SAT thresholds that strongly determine eligibility. We find no positive impacts on attendance or attainment, and…

We replicate and extend prior work on Florida's Bright Futures merit aid scholarship to consider its effect on college enrollment and degree completion. We estimate causal impacts using a regression discontinuity design to exploit SAT thresholds that strongly determine eligibility. We find no positive impacts on attendance or attainment, and…

The Tuition Opportunity Program for Students (subsequently renamed the Taylor Opportunity Program for Students, also known as TOPS), Louisiana's merit-based student aid program, was created via Act 1375 of the 1997 Regular Legislative Session. The first freshman class to receive TOPS awards entered postsecondary education in the fall of 1998. Act…

States collectively invest over $12 billion a year to support over 4.5 million students through financial aid programs. This interactive 50-State Comparison provides a look at the specific criteria employed in the top two largest aid programs by state. This interactive resource includes details about which state programs are linked to measuring…

This study evaluates the effect of Florida's Bright Future Program on student college choices. We used regression discontinuity design to estimate the effect of two award levels, which had different SAT/ACT thresholds, on the probability of students choosing in-state public colleges and four-year public colleges. The most consistent and robust…

For more than seventy-five years, standardized tests have been considered a vital tool for gauging students' readiness for college. However, few people--including students, parents, teachers, and policy makers--understand how tests like the SAT or ACT are used in admissions decisions. Once touted as the best way to compare students from diverse…

This study examined the trends in enrollment numbers and academic quality of first-year Tennessee students on the merit-based portion of the Tennessee Education Lottery Scholarship (TELS) upon HBCU's and religiously focused institutions in Tennessee from 2005-2014. The researchers hypothesized that the merit-based portion of the TELS was a…

The purpose of this study was to determine the predictors of African-American enrollment at a private college. After a thorough literature review of college choice models, a set of quantitatively measured determinants were gleaned and identified for the statistical research and treatment. The set of predictors included high school grade point…

This report describes the findings from a series of descriptive analyses seeking to understand the potential relationship between college access and school poverty for high-achieving middle school students, focusing specifically on potential access to state merit-based grant funding. Researchers monitored the academic achievement of more than…

Most policies seeking to improve high school achievement historically either provided incentives for educators or punished students. Since 1991, however, over a dozen states, comprising approximately a quarter of the nation's high school seniors, have implemented broad-based merit scholarship programs that reward students for their high school…

Comprising eleven financial aid programs, the Tennessee Education Lottery Scholarship (TELS) provided financial aid to 101,569 students at a cost of $297,589,674 in 2010-11 (Tennessee Student Assistance Corporation [TSAC], 2011). The four largest programs (the HOPE scholarship program, the General Assembly Merit Scholarship program [GAMS], the…

The current study examined the validity of the selection process used for the National Merit Scholarship Program (NMSP) to identify scholarship winners. Namely, this study examined whether students who advanced to higher NMSP recognition levels (Commended Students, Semifinalists, and various levels of award winners) had higher college performance,…

This study examined if the Tennessee Education Lottery Scholarship (TELS), which began in 2004, was related to student retention at the six Tennessee Board of Regents four-year institutions. This study investigated the impact of the TELS on student retention at TBR universities and general knowledge regarding retention. Post-facto data were…

The Tennessee Education Lottery Scholarship (TELS) program was designed to meet the unique needs of the state of Tennessee while also incorporating the hallmark elements of existing merit-based aid programs in other states. Developed through a process involving elected officials and members of the academic community, the TELS program aims to…