The Enrollment Effects of Merit‐Based Financial Aid: Evidence from Georgia’s HOPE Program
Autor: | Christopher Cornwell, Deepa J. Sridhar, David B. Mustard |
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Rok vydání: | 2006 |
Předmět: | |
Zdroj: | Journal of Labor Economics. 24:761-786 |
ISSN: | 1537-5307 0734-306X |
DOI: | 10.1086/506485 |
Popis: | Introduced in 1993, Georgia's HOPE Program sponsors a merit-based scholarship for students attending in-state colleges and a grant for those entering technical schools. There are no income restrictions. Comparing Georgia with other southeastern states over the 1988–97 period, HOPE increased freshmen enrollment by 5.9%, or 2,889 students per year, which amounts to only 15% of freshmen scholarship recipients. Four-year colleges account for most of the gain; a reduction in students leaving the state explains two-thirds of the 4-year-school effect attributable to freshmen who have recently graduated from high school. White and black enrollments increased because of HOPE. |
Databáze: | OpenAIRE |
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