I’m planning to go to an out-of-state college and applying for the school’s out-of-state scholarship. On the school’s website it says that when granted this scholarship I would get “$12,500 ($50,000 four-year value).” I assume I will qualify for in-state tuition after one year (my parents and I were already planning to move there after I graduate high school), so I will only qualify for this scholarship my first year, right? And if so, why does it say “four-year value” when any out-of-state student will qualify as in-state after their first/second year?
Also, after my first year, will I have the chance to apply for in-state scholarships for the following years? Or will I have to have been an in-state student from the start of my college career?
You need to read the residency requirements of the college very carefully. If you start as an OOS resident at some colleges, you’ll always be an OOS resident.
What makes you think that any OOS student will qualifynas instate adget first/second year? That just isn’t true in most places. To qualify for instate costs…your parents have to move to the state.
And you might find that you won’t wualify for instate status until your parents have resided in the state for a full year…in some states two years. Oh, and as noted, in some places, if you begin as an OOS student, you remain one until you graduate.