<p>Purdue</a> rethinking scholarship strategy | jconline.com | Journal and Courier</p>
<p>Buying better students is very expensive. Better to spend that much on improving classes. 90% of OOS students will not stay in Indiana after college anyway…</p>
<p>It is inevitable to cut back in some forms due to the difficult financial conditions. I tend to think that IU may consider some forms of research/teaching/working responsibilities as a condition for students to get the scholarship. It may consist of 8-10 hours of work per week (depending upon the award) starting from the 2nd year. </p>
<p>I am not sure how much Indiana subsidizes the high education. For the OOS students, most of them would be paying higher tuition even after the automatic scholarship (at least $10K more than the tuition for an in-state student w/o scholarship). Thus, IU should not lose too much money for admitting these OOS top students. It is helpful to keep some diversity in the student body also. In some cases, even $2K-5K scholarship would be a big boost for OOS or IS students psychologically. Nonetheless, I do hope that the cuts for the in-state students are minimum since I have two boys in their HS junior year.</p>
<p>The state only supports a certain number of instate students. It does not fully fund the university. The Office of Scholarships and the larger merit scholarships are only a few years old–about 2007-2008 based upon an old alumni article. I’ve never read how the scholarships are funded, but I suspect some portion of it comes from the endowment. IU’s endowment is in pretty decent shape. See below. </p>
<p>[idsnews.com</a> | Indiana Daily Student |](<a href=“http://www.idsnews.com/news/story.aspx?id=73353&search=endowment§ion=search]idsnews.com”>http://www.idsnews.com/news/story.aspx?id=73353&search=endowment§ion=search)</p>
<p>Like you ace, I hope the money holds out for a few more years at IU and Purdue as I have a HS sophomore.</p>
<p>Oddly enough I was looking at the Purdue website recently fro scholarship info. Maybe it’s just harder to find on that site, but it does not seem they offer as many scholarships as IU does.</p>
<p>rrah,</p>
<p>You are right. I believe that Beering is the only full-ride scholarship at Purdue. However, I think Purdue also provides other opportunities combined with some kind of responsibilities. I think it is correct to attract the top students with “concern for their communities, and interest in the larger world - Wells scholars”. Notre Dame and U. Penn have similar arrangements. I also have a HS freshmen boy and I think other parents may have younger students also. Let’s hope IU does it right for all students/Alumni and doesn’t kill the goose laying the scholarship eggs.</p>
<p>I don’t think IU will reduce the automatic scholarships. Their are too many Indiana kids getting them (576 Excellence scholarships in 2009-2009 entering class), and they would make a lot of noise to their legislatures if the awards were tampered with significantly. IU already has critics in the general assembly that say they are not providing enough financial support for in-state kids and that IU is getting too difficult for in-states to get into. </p>
<p>And the OOS automatic scholarships have increased ACT scores dramatically at IU. Huge numbers of suburban Chicago students who can’t get into UIUC or who prefer Kelley over UIUC because IU has a better finance program and and accounting program that is top six in the country. It’s difficult to maintain high rankings without good students, and the rap nationally on Kelley has been that it is too easy to get into. The automatic scholarships for OOS are bringing in lots of talented kids and making Kelley much stronger academically.</p>