Performance-Based Scholarships: What Have We Learned Interim Findings from the PBS Demonstration. Policy BriefReport as inadecuate




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MDRC

In today's economy, employers' demand for an educated workforce is steadily rising. Policymakers, education leaders, and communities across the country recognize the need to improve college attendance and success, but are constrained by the current budgetary environment. Meanwhile students themselves face mounting college costs, and financial aid has not been able to keep pace. Performance-based scholarships aim to help reduce the financial burdens on low-income college students while providing incentives for good academic progress. Students are generally paid at multiple points during the semester if they earn a certain number of credits with a "C" average or better. MDRC is currently evaluating performance-based scholarship programs in six states. Interim results suggest that these programs do improve students' performance and increase the number of credits they earn, and in some states where data are available, they also appear to reduce student debt. In one location, the program also increased the proportion of students earning a degree. They work in a wide range of institutions and for a wide variety of students, including those normally at risk of performing poorly.

Descriptors: Scholarships, Performance Based Assessment, Low Income Groups, Student Financial Aid, Incentives, Academic Achievement, Program Effectiveness, Academic Persistence, Benchmarking, Student Diversity, At Risk Students, Educational Attainment, Grants, College Students

MDRC. 16 East 34th Street 19th Floor, New York, NY 10016-4326. Tel: 212-532-3200; Fax: 212-684-0832; e-mail: publications[at]mdrc.org; Web site: http://www.mdrc.org





Author: Patel, Reshma; Richburg-Hayes, Lashawn; de la Campa, Elijah; Rudd, Timothy

Source: https://eric.ed.gov/?q=a&ft=on&ff1=dtySince_1992&pg=1333&id=ED545473







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