There are scholarships at my University that have been around for a few decades. Do people top them up constantly?
In: Economics
In addition to what other people have said, about legit scholarship funds, a lot of the lower tier universities basically have fake scholarships to make students feel like they’re getting deals or feel special enough to want to actually go to their school. The schools build these “sales” into their pricing and basically it’s like sales in a store. Some people pay full price, some pay a discount and on average the school makes more money by enticing more people to attend. There is no actual pool of money they pull from in this case.
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