<p>I received the Knox Founders Scholarship for $2,000 per year. What exactly is the scholarship for?</p>
<p>Merit aid from Knox comes from a variety of different accounts. When Knox awards merit aid, they tell you which scholarship fund (or funds) it comes from. From what I understand, many of them are general academic merit scholarships that don’t have any particular distinction over similar other awards. So the Knox Founders Scholarship is a general recognition of academic accomplishment, but another student might have a similar award drawn from a different scholarship fund.</p>