{"id":174,"date":"2024-08-10T07:18:41","date_gmt":"2024-08-10T05:18:41","guid":{"rendered":"https:\/\/tomaslintner.com\/?p=174"},"modified":"2024-08-11T08:05:47","modified_gmt":"2024-08-11T06:05:47","slug":"effects-of-performance-based-financial-incentives-on-higher-education-students-a-meta-analysis-using-causal-evidence","status":"publish","type":"post","link":"https:\/\/tomaslintner.com\/index.php\/2024\/08\/10\/effects-of-performance-based-financial-incentives-on-higher-education-students-a-meta-analysis-using-causal-evidence\/","title":{"rendered":"Effects of performance-based financial incentives on higher education students: A meta-analysis using causal evidence"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<h4 class=\"wp-block-heading\"><em><strong><mark style=\"background-color:#26a2ed\" class=\"has-inline-color has-base-color\">\u275dIncentive designs in which the number of reward recipients is limited seem to be more beneficial to high-performing students.\u275e<\/mark><\/strong><\/em><\/h4>\n<\/blockquote>\n\n\n\n<p>Many institutions provide financial incentives for higher education students contingent on their performance, hoping to increase their motivation and achievement. The aim of this meta-analysis was to evaluate the effects of performance-based financial incentives on higher education students using causal evidence. A total of 18 randomized controlled trials involving 20,286 students were included. Performance-based financial incentives increased the number of college credits earned, marginally improved student grade point averages, and improved exam scores when targeted at a single subject. No evidence was found for differential effects on student populations by gender or first-generation college status. Neither the incentive amount nor a focus on low-income students influenced the incentive effectiveness in improving student grade point averages or credits earned. Tentative evidence suggests that incentive designs in which the number of reward recipients is limited are more beneficial to students from the upper median level of high school grade point average. Hence, the study implies that it is more beneficial to provide lower-amount incentives attainable by a larger number of students than to provide higher-amount incentives attainable only by a small number of students. The results of this meta-analysis are of interest for researchers, policymakers, and stakeholders in higher education involved in designing financial incentive schemes for higher education students \u2013 providing a substantial step toward evidence-based practice.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/doi.org\/10.1016\/j.edurev.2024.100621\"><strong>read the full article here<\/strong><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u275dIncentive designs in which the number of reward recipients is limited seem to be more beneficial to high-performing students.\u275e Many institutions provide financial incentives for higher education students contingent on their performance, hoping to increase their motivation and achievement. The aim of this meta-analysis was to evaluate the effects of performance-based financial incentives on higher [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-174","post","type-post","status-publish","format-standard","hentry","category-articles"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Effects of performance-based financial incentives on higher education students: A meta-analysis using causal evidence - tomaslintner.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tomaslintner.com\/index.php\/2024\/08\/10\/effects-of-performance-based-financial-incentives-on-higher-education-students-a-meta-analysis-using-causal-evidence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Effects of performance-based financial incentives on higher education students: A meta-analysis using causal evidence - tomaslintner.com\" \/>\n<meta property=\"og:description\" content=\"\u275dIncentive designs in which the number of reward recipients is limited seem to be more beneficial to high-performing students.\u275e Many institutions provide financial incentives for higher education students contingent on their performance, hoping to increase their motivation and achievement. The aim of this meta-analysis was to evaluate the effects of performance-based financial incentives on higher [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tomaslintner.com\/index.php\/2024\/08\/10\/effects-of-performance-based-financial-incentives-on-higher-education-students-a-meta-analysis-using-causal-evidence\/\" \/>\n<meta property=\"og:site_name\" content=\"tomaslintner.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/tomas.lintner\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/tomas.lintner\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-10T05:18:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-11T06:05:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tomaslintner.com\/wp-content\/uploads\/2023\/08\/GIMP-Felix-scaled-e1691187865419.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"502\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tom\u00e1\u0161 Lintner\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tom\u00e1\u0161 Lintner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/tomaslintner.com\/index.php\/2024\/08\/10\/effects-of-performance-based-financial-incentives-on-higher-education-students-a-meta-analysis-using-causal-evidence\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/tomaslintner.com\/index.php\/2024\/08\/10\/effects-of-performance-based-financial-incentives-on-higher-education-students-a-meta-analysis-using-causal-evidence\/\"},\"author\":{\"name\":\"Tom\u00e1\u0161 Lintner\",\"@id\":\"http:\/\/tomaslintner.com\/#\/schema\/person\/4f7844c3ff6a57c31adf988e44ce4a38\"},\"headline\":\"Effects of performance-based financial incentives on higher education students: A meta-analysis using causal evidence\",\"datePublished\":\"2024-08-10T05:18:41+00:00\",\"dateModified\":\"2024-08-11T06:05:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/tomaslintner.com\/index.php\/2024\/08\/10\/effects-of-performance-based-financial-incentives-on-higher-education-students-a-meta-analysis-using-causal-evidence\/\"},\"wordCount\":251,\"publisher\":{\"@id\":\"http:\/\/tomaslintner.com\/#\/schema\/person\/4f7844c3ff6a57c31adf988e44ce4a38\"},\"articleSection\":[\"articles\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tomaslintner.com\/index.php\/2024\/08\/10\/effects-of-performance-based-financial-incentives-on-higher-education-students-a-meta-analysis-using-causal-evidence\/\",\"url\":\"https:\/\/tomaslintner.com\/index.php\/2024\/08\/10\/effects-of-performance-based-financial-incentives-on-higher-education-students-a-meta-analysis-using-causal-evidence\/\",\"name\":\"Effects of performance-based financial incentives on higher education students: A meta-analysis using causal evidence - 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