TY - RPRT AU - Sjoquist, David L. AU - Winters, John V. TI - The Effects of State Merit Aid Programs on Attendance at Elite Colleges PY - 2015/Sep/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 9371 UR - https://www.iza.org/publications/dp9371 AB - 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. KW - elite college KW - college quality KW - college choice KW - merit aid ER -