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Eline Sneyers, Tommaso Agasisti, Kristof De Witte, Grazia Graziosi

The impact of scholarships on students’ performance: a study on five Italian universities



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Research Paper Series, N. 1, 2016

The impact of scholarships on students’ performance: a study on five Italian universities

This paper estimates the effect of receiving a need-based grant on the performance of university students in Italy. We perform both cross-sectional (between-universities) and within-universities propensity score matching analyses in order to evaluate the effect of grants on several students’ performance indicators as first year credits, dropout, and study efficiency. The findings suggest that financial aid positively affects students’ performances and completion in a substantial and statistically robust way. The positive impact is heterogeneous across universities, while few differences are detected for subgroups of students within them. Reinforcing the financial aid policy can simultaneously help disadvantaged students and foster the overall academic performance of Italian universities.

Eline Sneyers

Top Institute for Evidence-Based Education Research, Maastricht University (the Netherlands), eline.sneyers@maastrichtuniversity.nl;

Tommaso Agasisti

Politecnico di Milano School of Management (Italy), tommaso.agasisti@polimi.it;

Kristof De Witte

Leuven Economics of Education Research, Faculty of Business and Economics, KU Leuven (Belgium), Kristof.dewitte@kuleuven.be ;

Top Institute for Evidence-Based Education Research, Maastricht University (the Netherlands), k.dewitte@maastrichtuniversity.nl ;

Grazia Graziosi

Department of Economics, Business, Mathematics and Statistics, University of Trieste (Italy), ggraziosi@units.it ;