The Effects of Financial Aid in High School on Academic and Labor Market Outcomes: A Quasi-Experimental Study

Maria Humlum and Rune Vejlin

Economics Working Papers from Department of Economics and Business Economics, Aarhus University

Abstract: We investigate the effects of financial aid on student employment and academic outcomes in high school. We exploit administrative differences in the amount of financial aid received based on timing of birth to identify the causal effects of interest. Specifically, individuals born early in a quarter receive less financial aid than comparable individuals born late in the previous quarter. We find that receiving less aid induces individuals to work more during high school. However, we do not find any evidence that receiving less financial aid and thereby working more is associated with any adverse outcomes, such as a lower high school grade point average.

Keywords: student grants; high school employment; regression discontinuity (search for similar items in EconPapers)
JEL-codes: I28 J22 J24 (search for similar items in EconPapers)
Pages: 43
Date: 2009-01-28
New Economics Papers: this item is included in nep-edu and nep-lab
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https://repec.econ.au.dk/repec/afn/wp/09/wp09_02.pdf (application/pdf)

Related works:
Journal Article: THE RESPONSES OF YOUTH TO A CASH TRANSFER CONDITIONAL ON SCHOOLING: A QUASI‐EXPERIMENTAL STUDY (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:aah:aarhec:2009-02

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