Hi. Is the Founders Scholarship also merit based? This is what I found on the website:
Summary: Northwestern created the Founders Scholars Program in 2007 to honor the nine individuals who founded the University in 1850.
Eligibility: Awards are offered each year to a select group of incoming students from middle-income families. Award criteria include academic credentials, student essays, recommendations, leadership experience and potential, and academic interests. There is no application for this scholarship – eligibility will be determined during the normal financial aid review process. Renewal beyond the freshmen year requires a cumulative GPA of 3.0, which is reviewed on an annual basis. Recipients must be enrolled at least half-time to maintain eligibility. (Please note: Any reduction in tuition charges may result in a reduction of scholarship funds. Please review the Enrollment Status page for more information)
Award range: $13,200 average award. These scholarships are renewable for four years if students maintain the academic requirements noted above.