Strayer Creates Completion Scholarship

Strayer University this summer will begin offering a scholarship under which undergraduates can earn a free senior year if they stick with their degree programs, the for-profit institution announced this week. Students will qualify for a free course credit for every three they compete, and can earn the full 25 percent discount on a degree as long as they do not take two consecutive quarters off. The "graduate fund" builds on a new tuition freeze and an existing, substantial scholarship program the university created last year. Several major for-profits have discounted their prices amid a general trend of declining enrollment.