Social Programs That Work has released a new evidence summary on Learning Accounts, a demonstration programme in New Brunswick, Canada that provided up to $8,400 in conditional financial aid for post-secondary education to low-income 10th grade (Year 11) pupils. The pupils had to meet certain benchmarks (ie, completion of 10th, 11th, and 12th grade (Years 11-13)) to receive the funding.
The programme was evaluated through a randomised controlled trial with a sample of 1,145 low-income 10th graders in 30 high schools in New Brunswick, Canada. Within each school, the low-income pupils were randomly assigned to a group that was offered participation in the Learning Accounts programme, or to a control group that received usual school services. Survey data was used to measure high school graduation rates, and administrative data was used to examine later graduation from college.
According to the evidence report, over the 10 years following random assignment, the programme produced a 6.5 percentage point increase in the high school graduation rate, and 6.8 percentage point increase in the rate of post-secondary completion.
Source: Learning Accounts (September 2019), Social Programs That Work