Impact of scholarships on the university welfare index. A regression discontinuity design
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Abstract
The implementation of educational policies in higher education in institutional programmes plays an important role in academic development as well as in the index of university well-being by increasing the likelihood of students' permanence.
The discontinuous regression being a quasi-experimental design is positioned as an essential tool in the evaluation of the impact of educational interventions, in the present research the experimental sample includes the observation of 6,119 students eligible for scholarships selected according to their academic averages, the Sharp model was used with a cut-off point of 17.10 that corresponds to the treatment group of students with average equal or higher than 17.10 who receive these scholarships and as a control group to students with average lower than 17.10 who do not receive scholarships.
Academic control variables are included, such as: campus, degree, level and mode of study (face-to-face or online), in order to control for possible bias factors. These variables are incorporated into the regression discontinuity model to ensure that the estimation of the impact of the scholarships is not biased by systematic differences between students.
The parameter estimates for the three inference methods are significant at 1%, the most important being the robust estimate that allows us to conclude that there is a significant impact of the scholarship or financial support on the university welfare index. This impact is positive and has a magnitude of 14.19 points on the IBE.
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Stefania Carolina Ubillus-Chicaiza, Universidad Politécnica Estatal del Carchi - Ecuador
https://orcid.org/0000-0003-1238-506X
Economist of the Republic of Ecuador graduated in U.T.E.Q.
Master's Degree in Didactics of Mathematics in Education at UNIR.
Master's Degree in Applied Statistics. Own title of the UNED.
Graduate of the Master's Degree in Applied Statistics from the Universidad Politécnica Estatal del Carchi.
Field of research: Education and statistics.
Andrés Alejandro Galvis-Correa, Universidad Politécnica Estatal del Carchi - Ecuador
https://orcid.org/0000-0001-7762-2893
Financial Engineer, M.Sc. in Statistics, PhD in Modelling and PhD in Economics. Academic Director of the Ecuadorian Statistical Society since 2013. Full professor at ESPE and professor at UDLA and PUCE. Postgraduate professor at universities in Ecuador and Colombia. Fields: Probability Theory, Multivariate Analysis, Financial Economics, Macroeconomics and Stochastic Dynamical Systems.
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