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The Incidence of Financial Aid: How Colleges Respond to Merit Scholarship Programs

Jilleah G. Welch

Journal of Education Finance2023https://doi.org/10.1353/jef.2023.a928649article
ABDC C
Weight
0.46

What the paper says

abstract: This paper examines how colleges respond to the introduction of broad merit aid programs. Previous research has emphasized the impact of merit aid on enrollment, student choices, and post-matriculation outcomes. Yet much less is known about how state-implemented merit aid programs affect colleges’ financial decisions. To explore impacts, college financial data that spans from 1986–87 to 2009–10 is used and includes tuition and fees, expenditures on students, institutional grants, Pell grants disbursed, and other revenue sources. Results suggest that colleges do not capture merit scholarships through significant increases in published tuition prices. Instead, colleges increase expenditures on students following the introduction of merit aid programs.

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https://doi.org/https://doi.org/10.1353/jef.2023.a928649

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@article{jilleah2023,
  title        = {{The Incidence of Financial Aid: How Colleges Respond to Merit Scholarship Programs}},
  author       = {Jilleah G. Welch},
  journal      = {Journal of Education Finance},
  year         = {2023},
  doi          = {https://doi.org/https://doi.org/10.1353/jef.2023.a928649},
}

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The Incidence of Financial Aid: How Colleges Respond to Merit Scholarship Programs

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Evidence weight

0.46

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.28 × 0.4 = 0.11
M · momentum0.80 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.