Word: merit
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Dates: during 1980-1989
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About 900 U.S. schools are offering merit scholarships this year, compared with 420 in 1977. The rising demand is the result of a declining supply. Between 1972 and 1982, the number of students with high scores (650 points or more out of a possible 800) on the Scholastic Aptitude Tests (SATs) plummeted by 45% in verbal skills and 23% in math, although the number of those taking the exams dropped by only 3%. In a time of limited resources, many institutions believe that future success depends upon attracting not just ordinary students but the finest. Admits Helen Horowitz, a public...
...Many merit awards are bringing an aura of free-market competition to colleges...
Bryn Mawr and Wellesley Colleges have no intentions of granting merit scholarships, directors of financial aids at both colleges said yesterday. But they offered contrasting views of the merit plans' potential effects...
...added that proposals to award merit scholarships have been voted down at Bryn Mawr because of concerns that the regular pool for needy candidates would be drastically affected...
...principle, I thoroughly disagree with merit scholarships," Nychis said...