Does merit­based aid promote degree attainment?

Research output: Contribution to journalArticlepeer-review

Abstract

This study examines whether receiving merit-based aid affects the bachelor’s degree attainment in the fourth, fifth, and sixth year of initial enrollment in the case of Tennessee. Using the fuzzy frontier discontinuity method, I compare graduation rates of students who initially received the state’s merit-based aid to those of students who did not. Results show that receiving merit-based aid increased the probability of earning a bachelor’s degree in the fourth year. However, it did not affect degree attainment in the fifth or sixth year. This paper also discusses possible explanations regarding why merit-based aid may not influence degree attainment.

Original languageEnglish
Pages (from-to)99-118
Number of pages20
JournalKEDI Journal of Educational Policy
Volume15
Issue number1
StatePublished - 2018

Bibliographical note

Publisher Copyright:
© Korean Educational Development Institute 2018.

Keywords

  • Degree attainment
  • Graduation
  • Merit-based aid
  • Regression discontinuity
  • Time to degree

ASJC Scopus subject areas

  • Education

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