This report examines state-funded loan forgiveness and conditional grant programs, designed to alleviate student loan debt and address workforce shortages in high-need fields. These service-contingent programs incentivize graduates to work in targeted occupations or underserved areas in exchange for debt relief.

While the popularity of state-financed merit-based scholarships has increased since the 1980s, policymakers struggle to maintain these programs because of growing costs. Some have tried to manage this tradeoff through eligibility changes or award amounts; however, little empirical research exists on the effectiveness of these changes. We add to…

Experts from the RAND Corporation prepared this independent report on New Jersey's Tuition Aid Grant (TAG) program for low-income college students. TAG is the nation's most generous state-funded financial aid program on a per-resident-undergraduate basis. Currently, TAG distributes around $475 million in grants per year, and an award covers about…

Many empirical studies have established that financial aid improves college attainment. Few have been able to test why. This study used administrative records of employment and earnings to get a more complete picture of students' finances during college and test one potential mechanism, that financial aid buys students time by allowing them to…

The College Bound Scholarship (CBS) program is a key state financial aid program that connects with low-income students in middle school, which is a critical stage in their education journey, to encourage and support them in continuing their education beyond high school. It combines financial aid with effective communication strategies to provide…

State financial aid is a critical piece of college affordability for students from low-income backgrounds. Nearly three quarters of all students attend college in their home state - which is typically a requirement for state-based financial aid - and first-generation and students from low-income backgrounds are even more likely than their peers to…

Indiana, Oklahoma, and Washington have programs designed to address college enrollment and completion gaps by offering a promise of state-based college financial aid to low-income middle school students in exchange for making a pledge to do well in high school, be a good citizen, not be convicted of a felony, and apply for financial aid to…

Indiana, Oklahoma, and Washington have programs designed to address college enrollment and completion gaps by offering a promise of state-based college financial aid to low-income middle school students in exchange for making a pledge to do well in high school, be a good citizen, not be convicted of a felony, and apply for financial aid to…

Indiana, Oklahoma, and Washington have programs designed to address college enrollment and completion gaps by offering a promise of state-based college financial aid to low-income middle school students in exchange for making a pledge to do well in high school, be a good citizen, not be convicted of a felony, and apply for financial aid to…

This report provides an update on the California Classified School Employee Teacher Credentialing Program and presents the 2022 Annual Report to the Legislature on the California Classified School Employee Teacher Credentialing Program (Classified Program) as required by statute (Education Code §44393(f)). This is the final report for the…

Making college accessible to all includes making it affordable to lower-income families. A growing policy strategy at the state level is to provide individual students with need-based financial aid to offset tuition and living expenses. This strategy inherently presents challenges in choosing which income levels are eligible to receive aid,…

RAND researchers studied more than 450,000 recipients of New Jersey's Tuition Aid Grant (TAG) -- the nation's most generous state-funded grant program per state resident college student -- to explore whether getting larger amounts of grant aid led to higher graduation rates for students at varying income levels and attending two-year, four-year,…

Texas state grant aid programs provide significant support to many low- and moderate-income state residents pursuing postsecondary education. Only a small share of eligible students receives state grants, however, and students often cannot predict whether they will receive aid, especially if they apply to different types of institutions.…

This brief examines two types of state service-contingent aid programs: conditional grants/loans and loan forgiveness. Conditional grant or loan programs provide a financial award to currently enrolled students and, in exchange for receipt of the award, students must fulfill certain service or work requirements after graduating from college. Loan…

The success of policy interventions is frequently stymied by the inability to induce take-up in target populations. In this article, I show that local advertising in combination with small financial lotteries increases the likelihood that low-income students apply for and receive state aid. I isolate causal impacts by estimating the change in…