How can incoming freshman students maximize scholarship consideration at Purdue?In the fall of 2016, beginning students will be able to complete the scholarship application prior to being admitted to the university. Students should file the FAFSA by December 31, to be considered for need-based scholarships. Click here to learn more about beginning student scholarships and the timeline.
Where do applicants learn about freshman scholarships?
What are the 1718 FAFSA Updates:FAFSA WILL NOW BE COLLECTING TAX RETURNS FROM 2 CALENDAR YEARS PRIOR TO FALL OF ACADEMIC YEAR FOR WHICH STUDENT IS FILING.
What is the 1718 FAFSA deadline for incoming students interested in Purdue?The FAFSA will become available in October 2016. Visit the DFA website to learn deadlines and for tips to complete the FAFSA.
What is the 1718 FAFSA deadline for returning students?For 1718, families will once again use the 2015 tax information. Visit the DFA website to review the deadlines and review tips to complete the FAFSA.
What is the Purdue, West Lafayette FAFSA Code?PURDUE UNIVERSITY
WEST LAFAYETTE, IN
Federal School Code: 001825
Will merit based college awarded scholarships be automatically renewed?No, merit based scholarships are not automatically renewable. It’s highly recommended that all students complete the Purdue University Scholarship Application on an annual basis. Students should also complete the FAFSA prior to the university deadlines to be considered for financial need based scholarships.
What is a good resource for international students to explore information about external scholarships?
What happens if a student with a Presidential or Trustee scholarship has a GPA below a 3.0 following the spring semester?The student loses the scholarship for a year with the option of having the scholarship reinstated if all of the scholarship criteria is met. The criteria and guidelines are listed on the Purdue DFA webpage, (scroll down).
When will the Purdue Scholarship Application for returning Krannert students go live?The Department of Financial Aid at Purdue manages this application. We anticipate the application will go live around November 1. The Krannert Scholarship director recommends for students to complete the application between the fall and spring semester. Applying following the fall semester allows for students to include fall leadership and academic accomplishments. The application must be completed prior to March 1. Consider liking the Purdue Krannert Scholarships Facebook page to learn about the deadlines and scholarship opportunities. The Purdue Scholarship application deadline will also be posted on the Krannert digital signage.
What if I am currently enrolled in another college at Purdue, and I plan to transfer to Management next semester, I want to complete the Purdue Supplemental Scholarship application in the role as a Krannert student. At this time the application will not all me to select Management as my college, what should I do?Please email firstname.lastname@example.org and explain the situation, they will be able to provide guidance.
Why can't I log into the Purdue University Scholarship Application?Click here to view frequently asked questions, this site is administered by the Department of Financial Aid
Can students with extraordinary/unusual circumstances beyond their control appeal to have their Trustee/Presidential scholarships reinstated?
Students have the option to complete and submit an appeal form available from DFA. Reasons for appeal include: death of a family member/friend; illness/medical issue; “stop out” due to medical issue or mission trip etc., break in enrollment due to internship or Co-op program (not through Purdue). Please contact email@example.com for a copy of the form and submit the form back to them.
What are the differences between award/prize and scholarship? Taxes?
- Award: Financial support based on achievement, performance, or other criteria
- Prize: Recognition based on competition or other criteria. Example: A competition is held, and prices for 1st, 2nd, and 3rd place awarded to students
- Scholarship: Financial support based on academic achievement or other criteria that may include financial
Awards are taxable! Students will receive a 1099 for awards given to them at the end of the calendar year that exceed their fees. International students are taxed on all awards (the amount is deducted from their award).
Scholarships are tax-free! If a student receives a scholarship, a fellowship grant, or other grant, all or part of the amounts you receive may be tax-free. Scholarships, fellowship grants, and other grants are tax-free if you meet the following conditions:
Students are a candidate for a degree at an educational institution that maintains a regular faculty and curriculum and normally has a regularly enrolled body of students in attendance at the place where it carries on its educational activities; and the amounts students receive are used to pay for tuition and fees required for enrollment or attendance at the educational institution, or for fees, books, supplies, and equipment required for courses at the educational institution.
(Purdue DFA, May 9, 2016 meeting notes)
Do students with Purdue Trustee and Presidential Scholarships have to reapply annually?Students do not have to apply annually; it is the responsibility of the student to review the guidelines and criteria annually.
The scholarship area recommends for students exceed criteria, and also apply for the Purdue University Scholarships.
To maximize scholarship consideration students should complete the FAFSA annually.
Where do students locate the names of awarded scholarships?
Log onto your myPurdue using your career account
Select Financial Aid
Select Financial Aid Status
Select the School Year
fall 2016 and spring 2017, select 2016-17
fall 2017 and spring 2018, select 2017-18
Click on the link to view awarded financial aid
Click on the banner tab: award overview to view the names of your scholarships and a review of your financial award package for the requested school year
Will I still receive a departmental scholarship or Presidential/Trustee scholarship while participating in an internship or co-op during the fall or spring semester?In order to recieve departmental scholarships, students must be enrolled in a MGMT 390 course. As of September 30, 2016: Krannert has four internship courses: 39010 Accounting, 39020 MGMT, 39030 IM and 39040 ECON. If students have a presidential/trustee scholarship they will not receive the scholarship during the semester they are not enrolled as a Krannert major with a minimum of 12 credit hours through Purdue, West Lafayette campus. Students with presidential/trustee scholarships who have coops/internships planned are advised to contact DFA and copy firstname.lastname@example.org (the Krannert Scholarship director) to communicate their coop/internship situation. Following the coop/internship, if the student continues to meet the Presidential/Trustee scholarship criteria, DFA will work with the students to reinstate the Presidential/Trustee scholarship. The scholarship will be reinstated for the following: fall or spring semester. The Krannert Scholarship area recommends that students communicate coop/internship information a minimum of 30 days prior to the start of any coop/internship absence from campus. Also, we suggest sending a follow-up email to DFA, a minimum of 30 days prior to the semester the student(s) return to campus.
What if I am a freshman and have a presidential scholarship in another college, and want to transfer to Krannert?If a student has a Trustees/Presidential scholarship, they must stay in their original school through the first year. First year students need to wait to transfer until after spring grades are posted and for the next fall term. In order to renew a Trustees/Presidential scholarship a student must have a - 3.0 GPA at the end of spring semester. And a completion of 30 credit hours in the fall and spring. Reach out the DFA if you have questions.