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Scholarships

Scholarship Questions and Answers

  • 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 scholarshipfda@purdue.edu for a copy of the form and submit the completed form back to them. 

  • What are the differences between award/prize and scholarship? Taxes?

     Definitions:

    • 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  prizes for 1st, 2nd, and 3rd place awarded to students
    • Scholarship: Financial support based on academic achievement or other criteria that may include financial

  • 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
    Examples:
    fall 2016 and spring 2017, select 2016-17
    fall 2017 and spring 2018, select 2017-18
    fall 2020 and spring 2021, select 2020-21

    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 meven@purdue.edu (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. 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.

Scholarship criteria are non-negotiable, based upon funding, and subject to change without notice.