Kansas State will stop offering the Putnam Scholarship to students.
The Putnam was a $9,000 per year scholarship, which a student could have for four years.
Pat Bosco, dean of student life, says the university is shifting its scholarships from totally merit-based to need plus merit-based. He says the change is meant to reallocate money to a broader group of students.
Bosco said 301 students receive the Putnam Scholarship, worth more than $2.7 million. Students who currently receive the scholarship will continue to receive it.
The Manhattan Mercury reports the university has created two new scholarships to replace the Putnam for incoming students next year. The University Scholar Award is worth $20,000 over four years. The Foundation Plus Scholarship is worth a maximum $14,500 over four years.