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Scholarship Questions and Answers

  1. Submit a free application for Federal Student Aid (FAFSA) by January 1, to be sure to qualify for any need-based or merit-based and need-based combination scholarships.

Review links and information from financial aid here.

The FAFSA will become available in October and the priority deadline is January 1, 2023. Visit the DFA website to learn deadlines and for tips to complete the FAFSA.
Visit the DFA website to review the deadlines and review tips to complete the FAFSA.
Federal School Code: 001825
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.
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).
The Department of Financial Aid at Purdue manages this application. We anticipate the application will go live in October. 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. The Purdue Scholarship application deadline will also be posted on the Krannert digital signage.
Click here to view frequently asked questions, this site is administered by the Department of Financial Aid

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 for a copy of the form and submit the completed form back to them. 


  • Award: Financial support based on achievement, performance, or other criteria
  • Prize: Recognition based on competition or other criteria. Example: A competition is held, and prizes for 1st, 2nd, and 3rd place awarded to students
  • Scholarship: Financial support based on academic achievement or other criteria that may include financial
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. 

Log onto your myPurdue using your career account
Select Financial Aid
Select Financial Aid Status 

Select the School Year
fall 2020 and spring 2021, select 2020-21
fall 2021 and spring 2022, select 2021-22
fall 2022 and spring 2023, select 2022-23

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

In order to receive departmental scholarships, students must be enrolled in a MGMT 390 course. As of September 30, 2022: Krannert has four internship courses: 39010 Accounting, 39020 MGMT, 39030 IBE 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 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.
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.

Apply for Purdue Scholarships

Freshman, Returning, and Transfer Students

"Nothing great was ever achieved without enthusiasm." - Ralph Waldo Emerson

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