Merit-based scholarships on the rise in multiple states

12/24/2012 | Wall Street Journal, The

States are raising academic requirements for state-backed financial aid as economic contractions continue to strain funding. Twenty-seven states currently have merit-aid programs, and 13 of those gave more than 50% of all their grants based on merit in the 2010-11 school year. Some lawmakers say that rewarding more students based on merit will help combat the "brain drain" resulting from students who leave their home states to study elsewhere.

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Wall Street Journal, The