How do scholarships not run out of money?

Question

There are scholarships at my University that have been around for a few decades. Do people top them up constantly?

In: Economics

Answer 1

What was considered a big pot of money 50 years ago, even if invested wisely, probably covers many fewer scholarships than expected, as tuition has risen so much faster than inflation or investment growth.

Many scholarships are paid out of university funds, and endowments of major universities have grown rapidly.

University funded scholarships are essentially shifting costs to fully self paid students from scholarship students.