The Enrollment Effects of Merit-Based Financial Aid: Evidence from Georgia's HOPE Program

A-Tier
Journal: Journal of Labor Economics
Year: 2006
Volume: 24
Issue: 4
Pages: 761-786

Authors (3)

Christopher Cornwell (not in RePEc) David B. Mustard (University of Georgia) Deepa J. Sridhar (not in RePEc)

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Introduced in 1993, Georgia's HOPE Program sponsors a merit-based scholarship for students attending in-state colleges and a grant for those entering technical schools. There are no income restrictions. Comparing Georgia with other southeastern states over the 1988–97 period, HOPE increased freshmen enrollment by 5.9%, or 2,889 students per year, which amounts to only 15% of freshmen scholarship recipients. Four-year colleges account for most of the gain; a reduction in students leaving the state explains two-thirds of the 4-year-school effect attributable to freshmen who have recently graduated from high school. White and black enrollments increased because of HOPE.

Technical Details

RePEc Handle
repec:ucp:jlabec:v:24:y:2006:i:4:p:761-786
Journal Field
Labor
Author Count
3
Added to Database
2026-01-25