Scholarship applications explode at Arkansas State University

JONESBORO, Ark. (AP) - Arkansas State University says more students applied for scholarships for next fall than the school has the money to honor. So, only qualified new students who applied by December 1st will get their tuition money. Vice Chancellor for Student Affairs Rick Stripling says there was an increase in the number of people who applied combined with a large pool of qualified applicants.
     ASU Director of Financial Aid and Scholarships Terry Finney says students currently enrolled and those who have received scholarship offers won't be affected. The only scholarships affected are those granted on the basis of ACT score or a combination of class rank and grade point. School officials say transfer students are not affected. Nor are recipients of privately funded scholarships. --- On the Net: ASU Financial Aid and Scholarships . (Copyright 2009 by The Associated Press. All Rights Reserved.)