Impact of merit-based financial aid on student achievement

Oleg Poldin, Maria Yudkevich

Research output: Contribution to journalArticlepeer-review


Some Russian universities provide tuition fee discount to their students conditioned on their academic achievement. The paper examines the impact of this type of financial aid on student performance. The amount of this discounts for the first academic year depends on the admission test results, and its extension for the second year depends on the student’s academic achievement in the first year. Using regression discontinuity design and quantile regression, we show that financial aid stimulates the performance of those fee-paying students, who are in the upper part of the grade-point-average distribution.

Original languageEnglish
Pages (from-to)112-126
Number of pages15
JournalVoprosy Ekonomiki
Issue number9
StatePublished - 2014
Externally publishedYes

Bibliographical note

Publisher Copyright:
© 2014, Russian Presidental Academy of National Economy and Public Administration. All rights reserved.


  • Discontinuity design
  • Financial aid
  • Higher education
  • Incentives

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics


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