@bdnation5 You will need to post your questions on the forums for the other colleges/universities that you are looking into. We can only answer your questions for The University of Alabama on this forum.
First, no one can say definitively when the scholarship levels and monies associated with each scholarship level will change. However, based on observation and information, I am confident that UA still wants to recruit high stat students and will most likely continue these extremely generous scholarships. Will the statistics required change in the future? That is a possibility, so aim for the highest test scores possible.
These are the current levels of Out of State Scholarships:
Out-of-State Scholarships for 2016-2017
Capstone Scholar
A first-time freshman student who meets the December 15 scholarship priority deadline, has a 27 ACT or 1210–1240 SAT score (critical reading and math scores only) and at least a 3.5 cumulative GPA will be selected as a Capstone Scholar and will receive $14,000 over four years ($3,500 per year).
Collegiate Scholar
A first-time freshman student who meets the December 15 scholarship priority deadline, has a 28 ACT or 1250–1280 SAT score (critical reading and math scores only) and at least a 3.5 cumulative GPA will be selected as a Collegiate Scholar and will receive $16,000 over four years ($4,000 per year).
Foundation in Excellence Scholarship
A first-time freshman student who meets the December 15 scholarship priority deadline, has a 29 ACT or 1290–1320 SAT score (critical reading and math scores only) and at least a 3.5 cumulative GPA will be selected as a Foundation in Excellence Scholar and receive the value of one-half tuition or $51,900 over four years ($12,975 per year).
UA Scholar
A first-time freshman student who meets the December 15 scholarship priority deadline, has a 30–31 ACT or 1330–1390 SAT score (critical reading and math scores only) and at least a 3.5 cumulative GPA will be selected as a UA Scholar and will receive the value of two-thirds tuition or $69,200 over four years ($17,300 per year).
Presidential Scholar
A first-time freshman student who meets the December 15 scholarship priority deadline, has a 32–36 ACT or 1400–1600 SAT score (critical reading and math scores only) and at least a 3.5 cumulative GPA will be selected as a Presidential Scholar and will receive the value of tuition or $103,800 over four years ($25,950 per year) to be used towards undergraduate or graduate/law studies.**
Second, if you have the statistics for the level of scholarship you are aiming for, you will receive that scholarship based on the latest scholarship requirements. In other words, apply to The University of Alabama, get accepted and meet the scholarship requirements (for whichever level you are qualified), and you will receive that scholarship. Make sure to meet all deadlines for application, scholarship application and documentation.
Third, The University of Alabama College of Engineering gives their students an addition stipend.
There is no competition for the scholarships, apply and be qualified and you receive the money.
Scholarships are based strictly on the student’s statistics, not extracurricular activity. Your GPA and Test scores are what qualifies you.
I am not sure I understand your question #4. If you mean: are there other costs which are NOT covered by the scholarship, then yes, there are other costs, The scholarship covers tuition. You still need to cover room/board, books/supplies and transportation. Don’t forget, day to day living expenses like toiletries, clothing, dorm room provisions, and entertainment. There are ways to cut the Cost of Attendance but some of these items are fixed costs like the Freshmen (all you can eat) Food Plan. You could use the engineering stipend to help with these costs but you (and your family) will still need to be able to pay some monies.