Belmont University Research Symposium (BURS)
The Influence of Lottery-Funded Scholarships on College Attendance Among Low-Income Students
Publication Date
Spring 4-18-2024
College
Business, Jack C. Massey College of
Department
Economics and Finance
BURS Faculty Advisor
Dustin Rumbaugh
Presentation Type
Oral Presentation
Abstract
This study examines the impact of state merit-based scholarships on low-income student populations. States often use lottery-funded merit scholarships to incentivize high-achieving students to stay in the state. However, some have criticized the lottery scholarship system for a lack of consideration for the low-income population, who often receive less financial aid and disproportionally fund the system by purchasing more lottery tickets than higher income individuals. We use data from the American Community Survey (ACS) and the National Center for Education Statistics (NCES) with a difference-in-differences approach to compare individuals of varying income levels from multiple states to analyze the impact of lottery funded scholarships for low-income individuals.
Recommended Citation
Johnson, Jenna, "The Influence of Lottery-Funded Scholarships on College Attendance Among Low-Income Students" (2024). Belmont University Research Symposium (BURS). 440.
https://repository.belmont.edu/burs/440