We evaluate the effect of performance-based scholarship programs for post-secondary students on student time use and effort and whether these effects are different for students we hypothesize may be more or less responsive to incentives. To do so, we administered a time-use survey as part of a randomized experiment in which community college students in New York City were randomly assigned to be eligible for a performance-based scholarship or to a control group that was only eligible for the standard financial aid. This paper contributes to the literature by attempting to get inside the “black box” of how students respond to a monetary incentive to improve their educational attainment. We find that students eligible for a scholarship devoted more time to educational activities, increased the quality of effort toward and engagement with their studies, and allocated less time to leisure. Additional analyses suggest that students who were plausibly more myopic (place less weight on future benefits) were more responsive to the incentives, but we find no evidence that students who are arguably more time constrained were less responsive to the incentives.

中文翻译：

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谁有时间？社区大学生对财政激励的时间利用反应

我们评估了基于成绩的专上学生奖学金计划对学生时间使用和努力的影响，以及这些影响对学生的影响是否不同，我们假设可能或多或少对激励有反应。为此，我们进行了一项时间使用调查，作为随机实验的一部分，其中纽约市的社区大学生被随机分配有资格获得基于绩效的奖学金或仅符合标准的对照组经济资助。本文试图深入了解学生如何应对金钱激励以提高他们的教育成就的“黑匣子”，从而为文献做出贡献。我们发现有资格获得奖学金的学生将更多时间用于教育活动，提高了学习努力和参与的质量，并减少了休闲时间。其他分析表明，可能更近视的学生（对未来利益的重视程度较低）对激励措施的反应更灵敏，但我们没有发现证据表明，可以说时间受到更多限制的学生对激励措施的反应更慢。