A lot more students at UPEI will be getting scholarships in the future.

Alaa Abd-El-Aziz - Custom

University of Prince Edward Island president Alaa Abd-El-Aziz hopes the new scholarship structure will increase enrolment. (CBC)

University officials held a news conference Wednesday at Westisle High School in Prince County to announce what they are calling the Celebrating Student Achievement scholarship program.

The new structure will cut back on some of the larger scholarships to fund a new set of scholarships that will be awarded automatically if a student achieves a certain grade average.

"The scholarship is, number one, to acknowledge the hard work of our students," said UPEI president Alaa Abd-El-Aziz.

Abd-El-Aziz hopes the new scholarship structure will boost enrolment numbers.

The new program has two main components, guaranteed entrance scholarships to students entering UPEI directly from high school, and scholarships for those already in undergraduate programs who have a minimum average of 80 per cent.

There are four levels of awards, from $500 to $3,000 a year, based on a student's average from the previous year. Current UPEI students who received renewable entrance scholarships under the old system are not affected.

UPEI officials say the restructured program is expected to double the number of students receiving scholarships. They expect the program to motivate students to do well and continue to do well.

The new awards can be added to other named, donated scholarships, the first-year George Coles Bursary, second-and third-year Island Student Award and the Graduate Award available to P.E.I. residents.

For mobile device users: Is UPEI's new scholarship structure, spreading the money around to more students, a good idea?