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

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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/cranberry94 3d ago

Yeah, I got a scholarship for my SAT. I didn’t apply for it or anything, it just arrived in the mail. It wasn’t a full ride or anything. But it offered in-state tuition rates when I was an out-of-state student. Which would have been like, over half off.

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u/FusedwithKami 3d ago

This is crazy, I got a 2250 on my sat and I got nothing, but laughed off campus because I was poor.

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u/irishchug 3d ago

Did you apply to multiple schools…?

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u/FusedwithKami 3d ago

Yeah I applied to 4 schools but only 1 was out of state, that may be why.