The Impact of Merit Aid on STEM Major Choices: A Propensity Score Approach

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Bibliographic Details
Title: The Impact of Merit Aid on STEM Major Choices: A Propensity Score Approach
Language: English
Authors: Teng Zhao (ORCID 0000-0003-3726-8134), Lara Perez-Felkner (ORCID 0000-0002-3451-8524), Shouping Hu (ORCID 0000-0003-1766-6629)
Source: Educational Evaluation and Policy Analysis. 2025 47(3):939-959.
Availability: SAGE Publications. 2455 Teller Road, Thousand Oaks, CA 91320. Tel: 800-818-7243; Tel: 805-499-9774; Fax: 800-583-2665; e-mail: journals@sagepub.com; Web site: https://sagepub.com
Peer Reviewed: Y
Page Count: 21
Publication Date: 2025
Sponsoring Agency: National Science Foundation (NSF)
Contract Number: 1920670
Document Type: Journal Articles
Reports - Research
Education Level: Higher Education
Postsecondary Education
Descriptors: Merit Scholarships, STEM Education, Majors (Students), Course Selection (Students), College Students, State Aid
Geographic Terms: Alaska, Delaware, Florida, Georgia, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nevada, New Mexico, South Carolina, West Virginia, California, Illinois
Assessment and Survey Identifiers: Beginning Postsecondary Students Longitudinal Study
DOI: 10.3102/01623737241254842
ISSN: 0162-3737
1935-1062
Abstract: Limited literature has investigated the effects of state and institutional merit-based financial aid on student choice of science, technology, engineering, and mathematics (STEM) major fields, an unintended consequence with important implications. By leveraging nationally representative longitudinal data from the Beginning Postsecondary Students, we examined these effects--respectively and jointly--with logistic regressions (LR) and propensity score matching (PSM). Both the LR and PSM results showed that students who receive both state- and institution-awarded merit aid were more likely to major in STEM. For students who only received state-awarded merit aid, the PSM presented significant and positive effects while the LR did not. Institution-only merit aid had no statistically measurable effect. We discuss implications for research, policy, and practice for state- and institution-based financial aid.
Abstractor: As Provided
Entry Date: 2025
Accession Number: EJ1479900
Database: ERIC
Description
Abstract:Limited literature has investigated the effects of state and institutional merit-based financial aid on student choice of science, technology, engineering, and mathematics (STEM) major fields, an unintended consequence with important implications. By leveraging nationally representative longitudinal data from the Beginning Postsecondary Students, we examined these effects--respectively and jointly--with logistic regressions (LR) and propensity score matching (PSM). Both the LR and PSM results showed that students who receive both state- and institution-awarded merit aid were more likely to major in STEM. For students who only received state-awarded merit aid, the PSM presented significant and positive effects while the LR did not. Institution-only merit aid had no statistically measurable effect. We discuss implications for research, policy, and practice for state- and institution-based financial aid.
ISSN:0162-3737
1935-1062
DOI:10.3102/01623737241254842