Link to Resource: The Impact of Merit Aid on College Choice and Degree Attainment: Reexamining Florida’s Bright Futures Program
Authors: Oded Gurantz, University of Colorado; Taylor Odle, University of Wisconsin. Published in Educational Evaluation and Policy Analysis.
We find that Florida’s Bright Futures financial aid program had essentially no impact on postsecondary enrollment and degree completion. These findings align with emerging notions that state merit aid programs produce smaller effects when compared to more effective need-based aid.