@TechReport{iza:izadps:dp9371,
            	author={Sjoquist, David L. and Winters, John V.},
            	title={The Effects of State Merit Aid Programs on Attendance at Elite Colleges},
            	year={2015},
	month={Sep},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={9371},
            	url={https://www.iza.org/publications/dp9371},
	abstract={State merit aid programs have been found to reduce the likelihood that students attend college out-of-state. Using the U.S. News & World Report rankings of colleges and universities to measure college quality and Integrated Postsecondary Education Data System data to measure enrollment, we explore how this reduction in out-of-state enrollment differs by the academic quality of the institution. Our results suggest that state merit aid programs do not reduce the likelihood that a student attends a top ranked school, but that these programs do reduce the likelihood of enrolling at less prestigious out-of-state schools, with generally larger effects the lower the ranking of the schools.},
	keywords={elite college;college quality;college choice;merit aid},
            }