Chapter

Higher Education: Handbook of Theory and Research

Volume 27 of the series Higher Education: Handbook of Theory and Research pp 291-334

Date:

Toward a Greater Understanding of the Effects of State Merit Aid Programs: Examining Existing Evidence and Exploring Future Research Direction

  • Shouping HuAffiliated withDepartment of Educational Leadership and Policy Studies, College of Education, Florida State University Email author 
  • , Matthew TrengoveAffiliated withDepartment of Educational Leadership and Policy Studies, College of Education, Florida State University
  • , Liang ZhangAffiliated withDepartment of Education Policy Studies, Pennsylvania State University

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Abstract

In this chapter, we examine the effects of state merit aid programs on student educational decisions and educational outcomes for the policy states. We argue for the need to broaden the perspectives to reflect the interests of students, states, and the country as a whole in order to gain a greater understanding of the effects of state merit aid programs in a context of increasing national need in enhancing student educational attainment and international competitiveness. We discuss some theoretical and methodological issues in studying the effects of state merit aid programs and suggest some future research directions.

Keywords

Financial aid Merit aid State policy Public policy Higher education finance College choice Student success Persistence Choice of major field College access Science and engineering education Academic achievement Quasi-experimental design Difference in differences Regression discontinuity