PBS NewsHour

Should financial aid only go to college students in need?

Clip: 08/19/2015 | 6m 20s

At many colleges and universities, merit-based scholarships are meant to attract the best and the brightest students. But opponents say they can inadvertently end up rewarding the richest applicants. That’s why some schools have started giving out need-based aid only. Hari Sreenivasan explores how Franklin & Marshall College in Pennsylvania made the jump to improve its economic diversity.

Aired: 08/19/15

Rating: NR

Problems Playing Video? | Closed Captioning

Major corporate funding for the PBS NewsHour is provided by BNSF, Consumer Cellular, Leidos, Babbel, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Mutual of America. …