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Kiersten commented on Graduation Caps Off, Working Caps On

As for your other questions, it would be for as long as the student continues schooling and pays their tuition off. The money would come from the leftovers that are apart of the student's tuition.

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Kiersten commented on Graduation Caps Off, Working Caps On

No, the university doesn't directly provide funding for students after college. What would happen is that the tuition students pay each year tends to have some monies that are just used to enhance the college or sports teams while it could be given back to students at the end of their  educational career leaving a positive impact with the student. Also, it helps the student after they've graduated so instead of looking forward to endless student loans they can have money to help pay those off.