Skip to Content
Krannert Purdue Logo

Scholarship Questions and Answers

  • Can students with extraordinary/unusual circumstances beyond their control appeal to have their Trustee/Presidential scholarships reinstated?

    Students have the option to complete and submit an appeal form available from DFA. Reasons for appeal include: death of a family member/friend; illness/medical issue; “stop out” due to medical issue or mission trip etc., break in enrollment due to internship or Co-op program (not through Purdue). Please contact scholarshipfda@purdue.edu for a copy of the form and submit the form back to them. 

  • What are the differences between award/prize and scholarship? Taxes?

     Definitions:

    • Award: Financial support based on achievement, performance, or other criteria
    • Prize: Recognition based on competition or other criteria. Example: A competition is held, and prices for 1st, 2nd, and 3rd place awarded to students
    • Scholarship: Financial support based on academic achievement or other criteria that may include financial

    Awards are taxable! Students will receive a 1099 for awards given to them at the end of the calendar year that exceed their fees. International students are taxed on all awards (the amount is deducted from their award). 

    Taxes:

    Scholarships are tax-free! If a student receives a scholarship, a fellowship grant, or other grant, all or part of the amounts you receive may be tax-free. Scholarships, fellowship grants, and other grants are tax-free if you meet the following conditions:

    Students are a candidate for a degree at an educational institution that maintains a regular faculty and curriculum and normally has a regularly enrolled body of students in attendance at the place where it carries on its educational activities; and the amounts students receive are used to pay for tuition and fees required for enrollment or attendance at the educational institution, or for fees, books, supplies, and equipment required for courses at the educational institution.

    (Purdue DFA, May 9, 2016 meeting notes)

  • Do students with Purdue Trustee and Presidential Scholarships have to reapply annually?

    Students do not have to apply annually, however it is the responsibility of the student to review the guidelines and criteria annually.

    We recommend that students work to exceed the criteria and apply for the Purdue University Scholarships and complete the FAFSA annually. 

Scholarship criteria are nonnegotiable, based upon funding and subject to change without notice.

Scholarships