Hello visitor!
I have an extremely important question. So I was accepted to a college with about $49K scholarship, but on the award sheet, it says it is only for 2018/2019 [aka my freshman year]. If I study my courses, get required grades/GPA, does my scholarship renew itself the following years? Can anyone answer this please?
Thanks
You need to ask the college about this. They will tell you what is required to renew the scholarship.
At most schools, grants and scholarships are reevaluated for each academic year. Merit awards generally have GPA and/or other performance requirements, so this will be looked at at the end of each academic period. Need-based aid is based on the family’s financial situation, and this will usually be reconsidered every year to see if there have been any significant changes. This is probably why your award sheet was specific to the academic year 2018-2019.