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Can Universities take back scholarships?

A photo of Finance27 Finance27
First of all, do you get all entrance scholarships with your offer of admission?

If yes, let's say I get accepted at midterm, and qualify for the 95%+ scholarship (which they would also offer me).

Then if by the end of the semester my average slips to something like 94.5%, will they take the scholarship back and offer me the 90-94.9% one instead? What if it slips to something lower, like a 93, do they have the ability to take it back? Or is it something like once you get it, you get it.
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A photo of aeryn aeryn
You get an offer for an entrance scholarship with your offer of admission. If your average falls, they will offer you the one based on your final average, so the 90-94.9 one (or at least, this is the case with York. I hear some schools only change the scholarship amount if you bump it up). I remember that they sent the final confirmed scholarship offer after final high school marks were out, so it wasn't based on my admission average.
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A photo of Tyop Tyop
I'm fairly certain that the admission scholarships offered to all high school applicants are calculated during the summer, thus admission scholarships are tentative assuming you are able to maintain your grades for the scholarship bracket you are in. i.e. If I currently qualify for the 95%+ scholarship bracket and my grades fall to say 93%, I will than be demoted to the 90-94.9% scholarship bracket.
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A photo of GWrap GWrap
Universities can do whatever they want. They have no rules. But good luck!
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A photo of aeryn aeryn
Just a tidbit someone else mentioned - Waterloo apparently does not decrease the amount of your scholarship if your final average lowers a bit from your admission average; they will, however, increase the amount of your scholarship if you increase your final average.
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A photo of ktel ktel
Totally depends on the school.
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