While considerable evidence has accumulated on state-funded merit-based scholarships, research on the effects of specific scholarship design choices has been thin, perhaps in part because cross-state comparisons are difficult. As one of the only states to enact major changes in the design of its merit-based scholarship program, Georgia provides a…

One-third of all post-secondary students transfer colleges and roughly two-thirds of public 4-year colleges require a minimum college GPA to be eligible for transfer admissions. Yet, little is known about how these policies influence who, when, and where students transfer. This paper studies the minimum transfer admissions requirements at…

Little is known about the effects of need-based financial aid disbursed late into college and how students respond when they approach lifetime limits for receiving aid. I exploit changes to federal Pell Grant eligibility rules that reduced the lifetime availability for grant aid from 9 to 6 full-time-equivalent years to examine these questions.…