Replication data for: The Long-Run Impacts of Financial Aid: Evidence from California's Cal Grant

Bruce Sacerdote, Oded Gurantz, Laura Kawano, Michael Stevens & Eric Bettinger
We examine the long-term impacts of California's state-based financial aid by tracking educational and labor force outcomes for up to 14 years after high school graduation. We identify program impacts by exploiting variation in eligibility rules using GPA and family income cutoffs that are ex ante unknown to applicants. Aid eligibility increases undergraduate and graduate degree completion, and for some subgroups, raises longer-run annual earnings and the likelihood that young adults reside in California. These...
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