Students have a say on 1-yuan scholarships

SOOCHOW UNIVERSITY in East China's Jiangsu province has been put under the spotlight recently as it made all its scholarships for undergraduates 1 yuan (16 cents). Beijing News says:

The university's 5 million yuan in scholarship money has been reallocated to overseas exchange programs.

But the change is allowed as the regulations only say that scholarships should be awarded "in order to motivate the students to study hard, and keep making progress and comprehensive development".