The enrollment effects of merit-based financial aid: Evidence from Georgia's HOPE Program
成果类型:
Article; Proceedings Paper
署名作者:
Cornwell, Christopher; Mustard, David B.; Sridhar, Deepa J.
署名单位:
University System of Georgia; University of Georgia
刊物名称:
JOURNAL OF LABOR ECONOMICS
ISSN/ISSBN:
0734-306X
DOI:
10.1086/506485
发表日期:
2006
页码:
761-786
关键词:
摘要:
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.
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