<p>Wow, Gino. Hudson Holland and Presidential and Excellence. Make extra sure that the Bursar’s Office has your correct bank account number. You will be definitely be making money the next four years.</p>
<p>Congrats to all the Presidential scholars!</p>
<p>Sadly, seems my daughter did not get the presidential, which I was REALLY hoping for. We’re in a big city and we already got today’s mail (Friday) - which included an IU postcard on how one can apply for financial aid at IU (that felt a bit like a smack in the kisser with such odd timing). . </p>
<p>I’d hoped her National Merit Finalist status might help offset her GPA/rank (3.7 UW but 4.4 W, only 8th percentile in her large school, but 2210 SAT in 11th grade, and 780/750 SAT IIs and a 34 ACT). But…she probably lacked enough leadership, or overcoming obstacles or something. She had both, but it they sound like a large part of the essay. </p>
<p>I’m not gonna complain, we’re luckier than many. She has 4 other scholarships at IU for about $15,000/year anyway. But, even at that amount if gives me a bit of an “out” to feel like it’s OK to spend more on a school in which she was more interested anyway. If completely free…it would be SO hard to say no. </p>
<p>A hearty CONGRATS to ya’ll who got it, and…if you go…I hope you REALLY enjoy your time at IU!</p>
<p>Thanks, bthomp1! So, you know how scholarships are awarded? Do I open a special bank account?</p>
<p>Congrats to all of you!</p>
<p>gino–IU will credit your scholarships to your bursar account. First it will be used to pay tuition, and then any other fees you have such as a dorm or meal plan. If I recall correctly they will then send you a check for any remaining funds. I don’t know they can direct deposit it to an account. Most college students find having their own checking/savings account is necessary.</p>
<p>That’s really helpful rrah. Thank you</p>
<p>They can actually electronically deposit everything over tuition, fees, and room and board that you pay to RPS into your savings account, and I assume other kinds of accounts. If you don’t give them an account number, they can mail you a check. Hudson Holland will give you an extra $1,000 for every semester you keep your gpa over 3.7, beginning the fall semester of your sophomore year.</p>