We study the employment opportunity of a college scholarship for high-achieving, low-income students in a labor market where disadvantaged groups are discriminated against. Using a correspondence audit-study we find that including information of being a scholarship recipient in a resume increases the likelihood of getting a callback for a job interview by 20%. However, the effects are much smaller in jobs and careers where the poor are under-represented. We show that this is consistent with the scholarship also sending a negative signal to employers and helps explain why actual beneficiaries almost never mention the scholarship in their resumes.
