<p>The new info makes it sound like it’s a one time $30K payment, not yearly. Is that accurate?? Geez, that’s a pretty massive cut. </p>
<p>As for why the National Scholarship amounts declined, there’s been speculation among the honors freshmen (which means it’s probably not accurate, but still) that it’s partly because too many of them ended up attending. Colleges throw out more acceptances and scholarships than they can house/financially accommodate under the assumption that only a predicted % will actually accept the offer. However, the Honors program is much bigger this year compared to last years (the staff said almost double) because way more people attended than they expected. That’s 300 extra people getting big awards (which are promised not to be reduced over their 4-5 years of attendance).</p>
<p>Also, cutting PSAT scholarships is a move many schools make when they go up in the rankings (something Northeastern’s been particularly good at). </p>
<p>It’s kind of disheartening because a lot of us have senior friends and younger siblings who want to attend, but may not be able to anymore.</p>