PSU Schreyer - please donate your scholarship back to us!

Parents Forum
1

<p>An interesting fund raising idea - honors college parents are asked to donate the value to their child's scholarship back to the school. They got $228,000 back last year.</p>

<p>"When you pay that tuition bill, I am asking you to assess whether you 'need' the scholarship and, if you do not, please join me and my husband by making a donation in the amount of the scholarship to the Schreyer Honors College," reads the letter from Kristin Hayes, mother of a junior in the program.</p>

<p>Penn</a> State asking merit scholar parents for donations</p>

2

<p>Is there a reason not to just decline the scholarship if they don’t need it so it can be awarded to someone else?</p>

3

<p>I saw that this morning in the paper. I thought it was a good idea. If you really don’t need the money, why not give it to a student that might not otherwise be able to attend?</p>

4

<p>Because the donation is tax-deductable, declining the scholarship is not.</p>

5

<p>twistedxkiss</p>

<p>I don’t think scholarships work that way. Unused scholarships just become that…unused.</p>

6

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</p>

<p>Everyone in the Schreyer program gets the scholarship automatically… it’s not a separate scholarship that one applies for. Hence why they’re asking for it ‘back’ since it’s an automatic award that the student would get even if the parents could pay the money.</p>

<p>They’re not awarding the money to a ‘new’ person but rather using the additional money to provide additional help to those already in the program. </p>

<p>It’s a good idea.</p>