DePaul University in Chicago has launched a new scholarship program, State Scholar Plus, that provides $100,000 over four years for qualified undergraduate students entering in the fall of 2021. 

Students have to rank in the top 10% of their graduating class have a grade point average of 3.75 to qualify.

In order to keep the scholarship, they must maintain a 3.0 GPA while in college.

“In a time when families are increasingly burdened by financial strain, DePaul is introducing the State Scholar Plus scholarship to make it easier for high-achieving students to study at a private university where faculty members are dedicated to teaching and providing real-world experiences for their students,” DePaul President A. Gabriel Esteban said in a statement. “State Scholar Plus adds to DePaul’s collection of scholarships that place a high-quality, values-driven education within reach.”

DePaul is the largest Catholic university in the U.S. and largest private university in the Midwest, according to a university news release.