Certain statewide promise programs require students to demonstrate financial need, while state performance funding policies sometimes incorporate a financial bonus that incentivizes colleges to enroll or graduate low-income students. We use data on public, 4-year colleges from 2007-2008 to 2019-2020, and incorporate difference-in-differences…

Credit hour policies, or performance-based financial aid policies, have become increasingly popular among policymakers seeking to improve degree completion rates. In the Unites States, the college completion agenda has been bolstered by national calls from intermediary organizations and philanthropic foundations alike to raise the overall rate and…

Postsecondary leaders and policy-makers have turned to performance-based aid programs as one way reduce time to degree completion and improve completion rates among low income students. By tying aid eligibility to minimum academic performance standards in college, it is thought that greater academic commitment can be promoted. Underlying these…