Finlandia Fridays Episode 173: The new Lake Effect Scholarship with Enrollment Counselor Kat Hanson by Finlandia University Podcast Network published on 2022-03-18T15:04:36Z This week's episode dives into the Lake Effect Scholarship. Kat Hanson, enrollment counselor in Finlandia's Admissions Department, joins the show to talk about this new opportunity for incoming commuting and on-campus living students. The Lake Effect Scholarship is a needs-based scholarship that allows eligible commuting and on-campus living students to enjoy the benefits of cost-sharing education. Meaning, commuting students will have tuition reduced to $2,500 per year, earning their full Bachelor’s degree for $10,000. The $2,500 per year cost-share can also be covered by federal loans, meaning no out-of-pocket cost. Eligible Lake Effect Scholarship students who want to live on campus can do so too with added room and board.