Event Study Estimates for Merit Aid programs on College Attendence (1) (2) VARIABLES LABELS OLS OLS treat_lagyr8 treat_lagyr8 0.0114 0.0114 (0.0220) (0.0220) treat_lagyr7 treat_lagyr7 0.0327* 0.0327* (0.0189) (0.0189) treat_lagyr6 treat_lagyr6 0.00612 0.00612 (0.0251) (0.0251) treat_lagyr5 treat_lagyr5 0.00705 0.00705 (0.0182) (0.0182) treat_lagyr4 treat_lagyr4 0.0241 0.0241 (0.0204) (0.0204) treat_lagyr3 treat_lagyr3 -0.0327 -0.0327 (0.0202) (0.0202) treat_lagyr2 treat_lagyr2 -0.00258 -0.00258 (0.0223) (0.0223) treat_startyr treat_startyr 0.0357 0.0357 (0.0217) (0.0217) treat_leadyr1 treat_leadyr1 0.00508 0.00508 (0.0302) (0.0302) treat_leadyr2 treat_leadyr2 0.0183 0.0183 (0.0228) (0.0228) treat_leadyr3 treat_leadyr3 0.0457** 0.0457** (0.0221) (0.0221) treat_leadyr4 treat_leadyr4 0.0889*** 0.0889*** (0.0297) (0.0297) treat_leadyr5 treat_leadyr5 0.0974*** 0.0974*** (0.0210) (0.0210) treat_leadyr6 treat_leadyr6 0.0485* 0.0485* (0.0269) (0.0269) treat_leadyr7 treat_leadyr7 0.00874 0.00874 (0.0489) (0.0489) treat_leadyr8 treat_leadyr8 -0.0447 -0.0447 (0.0470) (0.0470) Observations 42,161 42,161 R-squared 0.459 0.459 Robust standard errors in parentheses *** p<0.01, ** p<0.05, * p<0.1