Let’s take a major Flagship University where the In-State Tuition is $10K and the Out of State tuition is $30K. A prospective OOS student receives a $10K Merit Scholarship, will the school be better off offering another $5K in order to be able to keep the student? It is all about supply and demand.
All the schools have taken a major hit by reimbursing Dorm and Meals fees. This will continue throughout the summer. As of now, revenues for the Fall semester is in question with all the unknowns and the prospects of students not showing up to school. The same unknowns will quietly drive these dual deposits.