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Jilleah Welch – Journal of Education Finance, 2023
This paper examines how colleges respond to the introduction of broad merit aid programs. Previous research has emphasized the impact of merit aid on enrollment, student choices, and post-matriculation outcomes. Yet much less is known about how state-implemented merit aid programs affect colleges' financial decisions. To explore impacts, college…
Descriptors: Student Financial Aid, Tuition, Expenditure per Student, Grants

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