NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Long Run Impacts of Merit Aid: Evidence from California's Cal Grant

Eric Bettinger, Oded Gurantz, Laura Kawano, Bruce Sacerdote

NBER Working Paper No. 22347
Issued in June 2016

---- Acknowledgements ----

We thank Ariella Kahn-Lang for superb research assistance and the staff of the California Student Aid Commission for providing the data access and institutional knowledge that made this project possible. Helpful comments and suggestions were provided by participants at the following conferences and presentations: NBER Public Economics, National Tax Association, U.S. Department of the Treasury, Williams College, Association of Public Policy and Management, Association for Education, Finance, and Policy. Eric Bettinger and Oded Gurantz thank the Spencer Foundation for financial support. Eric Bettinger, Oded Gurantz and Bruce Sacerdote thank the Smith Richardson Foundation for financial support and acknowledge support by grant #R305B090016 from the U.S. Department of Education, Institute of Education Sciences. The views expressed in this paper are those of the authors and do not necessarily reflect the policy of the U.S. Department of Treasury, nor the views of the National Bureau of Economic Research.

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