07-31-2012, 04:22 PM
$tevie wrote:
Our scholarships come from donors who specify the money go to scholarships and endowments set up for scholarships and of course some stuudents get scholarships from outside sources like state senatorial scholarships or local scholarship awards. And so on.
I can't figure out what you are driving at. We have no "Exxon scholarship" or "McDonalds scholarship" if that's where you are trying to take this.
I thought I was explicit in stating "university-sponsored" scholarship rather than an external source, such as Exxon or McDonald's.
As I said in my first post, this was a question and not a challenge - since you presented yourself as being part of a university system and in the position to know these things better.
Under your situation, the scholarship is an actual fund of donations that's administered by the university. Is that fund depleted as scholarships are awarded?
$tevie wrote:
Scenario: The admission process is finished all over the country. All the colleges and universities have admitted the students of their choice, and offered financial aid packages to the students who require them. It's all over. All that is left is for the students to choose from among the colleges which have accepted them. It's over and done with.
BUT suddenly, after a student HAS decided and informed the college of their choice that they have chosen THEM, this for-profit college calls (weeks after the entire process is done and laid to rest) and says, Don't go there, go here. Here's $5,000 out of the blue to sweeten the pot.
Does that explain it better?
I still don't understand why you continue on a for-profit institution offering a discount when my question has always been on the topic of non-profit institutions.