Looking Beyond Enrollment: The Causal Effect of Need-Based Grants on College Access, Persistence, and Graduation
The government has attempted to ameliorate gaps in college access and success by providing need-based grants, but little evidence exists on the long-term impacts of such aid. We examine the effects of the Florida Student Access Grant (FSAG) using a regression-discontinuity strategy and exploiting the cut-off used to determine eligibility. We find grant eligibility had a positive effect on attendance, particularly at public four-year institutions. Moreover, FSAG increased the rate of credit accumulation and bachelor’s degree completion within six years, with a 22 percent increase for students near the eligibility cutoff. The effects are robust to sensitivity analysis.
The authors’ email addresses are firstname.lastname@example.org and email@example.com. The contents of this report were developed under grant R305A060010 from the Institute of Education Sciences, U.S. Department of Education and generous funding from The Bill and Melinda Gates Foundation. The views expressed in this article are those of the authors and do not necessarily reflect the views of the funders. This research was conducted in collaboration with the National Center for Postsecondary Research (NCPR). The authors thank John Willett, Richard Murnane, Thomas Bailey, Caroline Hoxby, participants at the NBER Education Program seminar, and other seminars and conferences for their comments on earlier versions. All errors, omissions, and conclusions are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
Forthcoming in the Journal of Labor Economics citation courtesy of