In 2014, the government of Colombia launched a unique meanstested and merit-based scholarship program called Ser Pilo Paga. We examine the effects of this scholarship on student performance on the country's university exit exam and other educational outcomes. Exploiting thresholds for...

In 2014, the government of Colombia launched a unique meanstested and merit-based scholarship program called Ser Pilo Paga. We examine the effects of this scholarship on student performance on the country's university exit exam and other educational outcomes. Exploiting thresholds for...