The Enrollment Effects of Merit‐Based Financial Aid: Evidence from Georgia’s HOPE Program

Autor: Christopher Cornwell, Deepa J. Sridhar, David B. Mustard
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