^^^Keep in mind that Purdue offers approximately 15% of APPLICANTS these scholarships. Not sure what Purdue’s yield is, but even assuming 1/2 of those 15% actually matriculate, Purdue is expecting only 7-8% of its freshman class to get these scholarships. If yield is less, that number could be even lower. If an applicant is offered one of these scholarships but chooses another school, the money is NOT awarded to the next in line.