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Canadian Research Shows Positive Impact of Early Commitments of Aid

A 2014 research report on a Canadian student financial aid program found significant positive effects of early commitments of financial support for low-income high school students. The Future to Discover program—a pilot program established by the Canada Millennium Scholarship Foundation and the provincial governments of Manitoba and New Brunswick—provides high school students with two interventions—career education workshops and learning accounts—designed to promote college going and completion. The study examined the impact of each intervention in isolation and together and found that the learning accounts—a guaranteed $8,000 grant for low-income students to pursue postsecondary education—had a significant positive impact on postsecondary enrollment and graduation. Indiana, Oklahoma and Washington have established similar programs.

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