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In recent years a growing number of college "promise" scholarships have popped up around the country. The scholarships cover some or all college tuition fees (often after tapping all other state and federal aid sources), and tend to be place-based, meaning local high school students are eligible and can use the scholarship to attend colleges within a geographical boundary.
A newly published study examined Say Yes to Education, a promise scholarship created in 2012 for students in the Buffalo, N.Y., public school system, which covers all tuition at any public college in the state. The Journal of Policy Analysis and Management published the study, which was co-authored by Robert Bifulco of Syracuse University, Ross Rubenstein at Georgia State University and Hosung Sohn of Chung-Ang University.
The researchers found that the Buffalo scholarship program's eligibility was associated with a 20 percent increase in the likelihood of a student attending college within one year of graduating from high school. It also was associated with an increase in the likelihood of retention into the second year of college of almost 16 percent.
