01481nam a22001577a 4500999001900000008004100019100005400060245012600114260004700240300003200287520081300319773004701132906003001179942000701209952010701216  c514650d514650201125b           ||||| |||| 00| 0 eng d  aVelez, J.L. Rodriguez, C. and Sanchez, F. 921450  aUpstream and downstream impacts of collage merit-based financial aid for low-income students: Ser pilo paga in Colombia    aAmerican Economic Journal: Economic Policy  a12(2), May, 2020: p.193-227  aHow does financial aid affect postsecondary enrollment, college choice, and student composition? We present new evidence based on a large-scale program available to high-achieving, low-income students for attending high-quality colleges in Colombia. RD estimates show financial aid eligibility raised immediate enrollment by 56.5 to 86.5 percent, depending on the complier population. This rise, driven by matriculation at private, high-quality colleges, closed the SES enrollment gap among high achievers. Moreover, a DID approach suggests enrollment of aid-ineligible students also improved because college supply expanded in response to heightened demand. With ability stratification largely replacing SES stratification, diversity increased 46 percent at private, high-quality colleges. – Reproduced 

  aAmerican Economic Journal: Economic Policy  aEDUCATION - UNITED STATES  cAR  00102ddc40709388653aIIPAbIIPAd2020-11-25h12(2), May, 2020: p.193-227pAR124132r2020-11-25yAR