According to President Niels-Erik Andreasen, freshmen will be eligible to receive between $10,000–$40,000 in free scholarship money during their four years of undergraduate study beginning in the 2010–2011 school year.
  
The increase boosts the financial assistance available through the Andrews Partnership Scholarship (APS), a financial award package available to all undergraduates, including Canadian and international students. Previously, the APS capped at $8,000–$32,000 for four years of undergraduate study.
   
Eligibility for the Freshman APS includes a minimum 2.25 cumulative high school GPA and ACT composite score of 20 or SAT critical reading plus mathematics score of 940. Incoming freshmen who qualify as National Merit Finalists and National Achievement Program Finalists receive a special APS that covers 100% tuition for four years.

Some students may be eligible for an additional $2,000 annually in special APS for one of the following:
     1. ACT composite score of 32 or higher
     2. SAT Critical Reading + Mathematics combined score of 1410 or higher (writing score not included)
     3. A National Hispanic Recognition Program Scholar
  
Undergraduate transfer students are also eligible for scholarships based on their cumulative college GPA of 25 or more previous college credits. The minimum scholarship is $1,500. A GPA of 2.5–2.99 receives $3,000 annually, 3.0–3.49 receives $5,000 annually and 3.5–4.0 receives $7,500 annually. Transfer students may receive this scholarship for up to eight semesters while pursuing their first undergraduate degree.