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Does The Timing Of Money Matter? A Case Study Of The Arkansas Academic Challenge Scholarship, Jessica Goldstein, Jonathan N. Mills, Albert Cheng, Collin E. Hitt Jun 2022

Does The Timing Of Money Matter? A Case Study Of The Arkansas Academic Challenge Scholarship, Jessica Goldstein, Jonathan N. Mills, Albert Cheng, Collin E. Hitt

Education Reform Faculty and Graduate Students Publications

This paper examines the effect of a state-financed merit-aid scholarship—the Arkansas Academic Challenge Scholarship (ACS)—on post-secondary outcomes at a large university in Arkansas. Exploiting scholarship eligibility requirements, we implement a fuzzy regression discontinuity design to identify the scholarship’s causal impacts on college outcomes. The analysis focuses on currently enrolled sophomores, juniors, and seniors who receive the scholarship to investigate the broad impacts of receiving money at nontraditional points in an individual’s college trajectory. Findings indicate small, negative impacts of scholarship receipt on short-run outcomes such as GPA and credit accumulation, but large statistically significant declines in the likelihood of graduating …


Start To Finish: Examining The Impact Of The El Dorado Promise On Postsecondary Outcomes, Elsie Swanson, Gary Ritter Apr 2018

Start To Finish: Examining The Impact Of The El Dorado Promise On Postsecondary Outcomes, Elsie Swanson, Gary Ritter

Education Reform Faculty and Graduate Students Publications

The El Dorado Promise is a universal “first dollar” Promise program that guarantees a full tuition scholarship to all students who attend the El Dorado School District from grades K-12, and a partial scholarship for those who enroll in for at least 9th-12th grade. While prior research on Promise Programs has found that Promise scholarships increase postsecondary matriculation, few studies have examined the impact of a Promise scholarship on college completion or the differential impact of a Promise scholarship on college completion by student characteristics. We use a difference-in-differences strategy to examine the impact of the El Dorado Promise on …