Scholarships are helpful when it comes to applying for awards for, e.g., Rhodes or Fulbright Scholarships. I think it's best for the athlete to take the reward and, if the rich parent is so inclined, he or she can establish another scholarship fund for other kids. Also, having a rich parent doesn't mean that parent is going to pay for a parent to go through college. My parents were wealthy, but told me I was on my own for college. They didn't think college education for girls was worth paying for (this was some years back).
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