Wednesday, Nov. 28,2007 8:56 p.m.
Many states, including Indiana, currently offer full-ride or otherwise decreased-tuition scholarships to local high school students with high grade-point averages or other merits. These merit-based scholarships generally only apply to state colleges and universities and are intended to keep the brightest students in state schools. Often, the income of applicants isn’t considered.
Because these scholarship programs are based on merit alone, many of the recipients don’t need the money. In New Jersey, for example, recipients of the state-run Student Tuition Assistance Reward Scholarship averaged yearly family incomes that fell only about $3,000 below the statewide median income.