As part of their strategies to increase college readiness and reduce educational inequalities, at least 29 states subsidize Advanced Placement (AP) exam fees for low-income students. However, while Michigan's state-level policy subsidized low-income student exams to $5 per exam, we found wide-ranging fee structures at high schools--from $0 to $50.…

This study examines the impact of merit-aid programs on secondary course taking patterns. Specifically, this study uses difference-in-differences to analyze state-level Advanced Placement (AP) participation and examination data pre and post merit-aid adoption. Results indicate increases in AP participation and number of total examinations after…