It should be similar to a merit based scholorship; the percent you pass is how much gets payed.

I see where you're coming from, and it's a valid point. However, let's consider a student who excels in high school and gets into a good college, but then struggles due to circumstances beyond their control - say illness, or having to work part-time to support their family. According to a merit-based approach, this student could lose their funding and perhaps be unable to continue their education.

From my own experience, I've seen peers struggle in their early semesters, only to turn things around and excel in their final years. Sometimes, it's just about adjusting to a new environment and workload.

So, the question is, should we risk penalizing students who may initially struggle but have the potential to succeed? What could be a fair and effective alternative to the merit-based system you proposed?