| Autor: |
Kopotic, Katherine, Mills, Jonathan N., Rhinesmith, Evan |
| Předmět: |
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| Zdroj: |
Higher Education Politics & Economics; 2021, Vol. 7 Issue 1, p72-98, 27p |
| Abstrakt: |
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 the financial aid literature by determining if college enrollment responded to a 2013 restructuring of Arkansas's Academic Challenge Scholarship from equal annual awards to a backloaded system with progressively higher payouts to students who persisted. We identify no statistically significant impacts associated with the 2013 change; however, point estimates are generally negative. We believe this is the first study to examine if moving to a backloaded payout structure affects college enrollment. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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