Table A.6

Estimates from First-Stage IV Regressions

Dependent Variable	Observed Eligibility
	(1)	(2)	(3)	(4)	(5)
Rules-based eligibility (IV)	0.694^***	0.690^***	0.679^***	0.685^***	0.707^***
	[0.019]	[0.020]	[0.022]	[0.024]	[0.030]
Male	−0.002	−0.003	−0.003	−0.004	−0.003
	[0.006]	[0.006]	[0.007]	[0.007]	[0.010]
Black	0.040^**	0.039^**	0.028	0.036	0.037
	[0.017]	[0.019]	[0.021]	[0.027]	[0.036]
Asian	0.019	0.016	0.002	−0.007	−0.022
	[0.023]	[0.026]	[0.030]	[0.033]	[0.040]
Hispanic	0.040^**	0.040^*	0.031	0.039	0.021
	[0.020]	[0.023]	[0.025]	[0.031]	[0.043]
White	0.031^*	0.029	0.016	0.022	0.015
	[0.017]	[0.019]	[0.021]	[0.027]	[0.036]
Subsidized lunch	0.008	0.009	0.004	0.003	0.003
	[0.006]	[0.007]	[0.008]	[0.008]	[0.011]
High school 1	0.003	0.003	0.003	0.003	0.005
	[0.018]	[0.018]	[0.019]	[0.019]	[0.019]
High school 2	−0.004	−0.006	−0.006	−0.005	−0.002
	[0.059]	[0.059]	[0.059]	[0.059]	[0.059]
High school × Year FE	Yes	Yes	Yes	Yes	Yes
Constant	0.258^***	0.262^***	0.285^***	0.275^***	0.260^***
	[0.027]	[0.029]	[0.032]	[0.037]	[0.047]
R²	0.650	0.643	0.630	0.633	0.653
F-statistic	1266	1153	953	819.1	555.4
Observations	3,947	3,434	2,908	2,401	1,437
Timing since high school graduation	Within 6 or 12 months	At 2 years	At 3 years	At 4 years	At 6 years

↵Notes: Regressions are estimated for the post-Promise period, that is after 2005, and control for year dummies. The differences in sample sizes are due to different timing since high school graduation. Standard errors robust to heteroskedasticity are in brackets. *p < 0.10, **p < 0.05, ***p < 0.01. The F-test statistic is from the first stage.