ProPelled: The Effects of Grants on Graduation, Earnings, and Welfare

We estimate effects of the largest U.S. federal grant for college students using administrative data from Texas four-year public colleges and a discontinuity in grant generosity. Eligibility for additional grant aid significantly increases degree receipt and earnings beginning four years after entry

本研究依托美国德克萨斯州四年制公立高校的行政数据，并借助助学金额度的断点特征，评估美国规模最大的大学生联邦助学金政策的实施效应。研究结果表明，获得额外助学金资助资格的学生，其入学四年后的学位获取率与薪资收入均得到显著提升。