In this paper we evaluate the impact of need-based grants on university outcomes, using student-level administrative data from all Italian universities. We compare students receiving the grant to those who were eligible but not awarded the grant. We estimate the average treatment, using blocking on the propensity score with regression adjustment. We show that around one-third of student recipients of grants would have left university at the end of the first year in absence of the aid. Moreover, grants have a relevant impact on the probability of completing college education.

中文翻译：

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赠款对大学辍学率的影响：以意大利案例为依据的证据

在本文中，我们使用来自意大利所有大学的学生级管理数据，评估了基于需求的助学金对大学成果的影响。我们将接受资助的学生与有资格但未获得资助的学生进行比较。我们通过对倾向得分进行封锁和回归调整来估计平均治疗。我们表明，在没有助学金的情况下，大约三分之一的助学金学生会在第一年末离开大学。此外，助学金对完成大学教育的可能性有重要影响。