Working Paper: NBER ID: w11437
Authors: Ronald G. Ehrenberg; Liang Zhang; Jared M. Levin
Abstract: Our paper uses institutional-level panel data to testwhether an increase in the number of institutionally funded National Merit Scholarship (NMS) winners at an institution isassociated with a reduction in the number of Pell Grant recipients at the institution. We find that, other factors held constant, an increase in the share of institutionally funded NMS winners in an institution's first-year class is associated with a reduction in the share of Pell Grant recipients among the institution's undergraduate student body and that the magnitude of this relationship is larges at the institutions that enroll the greatest number of NMS students.
Keywords: No keywords provided
JEL Codes: I2; J4
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| increase in the share of institutionally funded NMS winners (I23) | reduction in the share of Pell Grant recipients (I24) |
| number of institutionally funded NMS winners (I23) | number of Pell Grant recipients (I23) |
| NMS winners funded by other sources (L39) | Pell Grant recipients (I23) |
| enrollment growth (I23) | displacement effect of NMS winners on Pell Grant recipients (I24) |