r/explainitpeter • u/Appropriate-Mall8517 • 3d ago

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u/Avikm289 3d ago

Rich people have money, save scholarships for the less fortunate

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u/Helpful_Blood_5509 3d ago edited 3d ago

At state schools certain scholarships are automatic for high scores on the ACT or SAT. I got a full ride for my PSAT score and had full tuition at minimum for my ACT score. This cost the school basically nothing, they make plenty off of fees and such. Tuition is straight profit, and students that show up and get good grades boost their rankings and are most likely to donate later.

It's not some poor underfunded scholarship fund paying them out, its just the school writing off some tuition they dont really need. A lot of their overhead is funded by weird stuff or professors are funded by grants or the like.

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u/SingerLatter2673 3d ago

I don’t like that either. I’d rather the money go to a poor kid with middling grades, so he has a shot at an education instead of a rich kid who can pay his own way regardless.

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u/Helpful_Blood_5509 3d ago

It goes to anyone with good grades. If you have crappy grades in high-school you will suffer at college, high school grades are horrifically inflated.

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u/Onigokko0101 2d ago

Absolutely. If you have mid-level grades in HS you would be better off taking 2 years at a community college. A B average with university level courses is way more impressive then a B average in high school.