Financial aid, debt management, and socioeconomic outcomes: Post-college effects of merit-based aid
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Scott-Clayton and Zafar (2019) find that longer-term effects of PROMISE scholarship eligibility included increased graduate school enrollment, homeownership, and likelihood of living in a higher-income neighborhood.
“Longer-term effects of eligibility included increased graduate school enrollment, homeownership and likelihood of living in a higher-income neighborhood (Scott-Clayton & Zafar, 2019).”
From College Costs, Financial Aid, and Student Decisions (2022) · cites this paper as Scott-Clayton & Zafar, 2019
Stringent credit-completion thresholds in WV's PROMISE scholarship contributed to its impacts on on-time completion and post-college outcomes.
“stringent credit-completion thresholds in WV's PROMISE scholarship appear to have contributed to its impacts on on-time completion and post-college outcomes (Scott-Clayton, 2011;Scott-Clayton & Zafar, 2019)”
From College Costs, Financial Aid, and Student Decisions (2022) · cites this paper as Scott-Clayton & Zafar, 2019
Performance-based aid can be effective.
“The research summarized in Section 3 above suggests that performance-based aid can be effective.”
From College Costs, Financial Aid, and Student Decisions (2022) · cites this paper as Scott-Clayton & Zafar, 2019
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References 39 · Cited by 108
Research works printed but not linked: 22
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- Pallais, A. (2009). Taking a chance on college: Is the Tennessee Education Lottery Scholarship Program a winner? Journal of Human Resources, 44(1), 199-222.
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- Authors
- Scott-Clayton, J., & Zafar, B.
- Affiliations
- Columbia University (US)
- Arizona State University (US)
- Corresponding author
- Scott-Clayton, Judith
- Venue
- Journal of Public Economics
- Publisher
- Elsevier BV
- Published
- 2019-02
- Volume
- 170
- Pages
- 68-82
- ISSN
- 0047-2727 (ISSN-L)
- OpenAlex
- W2513347453
- Cited by
- 108
- References
- 39
- Citations by year
- 2026: 7 · 2025: 11 · 2024: 15 · 2023: 7 · 2022: 11 · 2021: 11 · 2020: 27 · 2019: 9 · 2018: 2 · 2017: 4 · 2016: 3 · 2013: 1
- FWCI
- 26.63
- Type
- journal article
- Language
- en
- Open access
- green
- doi.org
- Locations
- Journal of Public Economics (publishedVersion)
- National Bureau of Economic Research (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- SSRN Electronic Journal (submittedVersion)
- Econstor (Econstor) (submittedVersion)
- Columbia Academic Commons (Columbia University)
- Funders
- Spencer Foundation (201500101)
- Topics
- Social Sciences › Education › Higher Education Research Studies
- Social Sciences › Education › School Choice and Performance
- Social Sciences › Sociology and Political Science › Intergenerational and Educational Inequality Studies
- Keywords
- university scholarships, student debt, homeownership, neighborhood income, graduate degree attainment, earnings, time to degree completion, college enrollment
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