Drexel Scholarship Question

Colleges and Universities A-Z Drexel University
1

<p>Hello, I applied and received my admissions letter today and in the Financial Aid section it said:</p>

<p>"Financial Aid
The following university award(s) have been granted to you for the Bachelor of Science in Health Sciences program for the 2013-2014 academic year:
A. J. Drexel Scholarship: $24,500.00
File your 2013-2014 FAFSA online at Home</a> - FAFSA on the Web-Federal Student Aid as early as January 1, 2013. Drexel’s school code is 003256. Check back after February 2, 2013 to view your FAFSA status."</p>

<p>Is $24,500 over the course of 5 years, or $24,500 every year, or $24,500 just for one year (2013-2014)?</p>

2

<p>It’s per year. Read the first sentence of the award notice carefully.</p>

3

<p>Am I missing something how do you know it’s per year? What stands out to me is the 2013-2014 year so I thought it’s just for one year but usually scholarships don’t work like that</p>

4

<p>The AJ Drexel scholarship is automatically renewable scholarship granted every year as long as you have min. 3.0 GPA</p>

5

<p>The AJ Drexel scholarship is a renewable scholarship.</p>

<p>In other words, as long as you keep your grades up and you’re an undergraduate, you can get $24,500 every year.</p>