College Junior William Terrell says his Distinguished African American Scholarship is the main reason he chose the University of Memphis.
However, he's now worried about those who come after him.
"I feel like they're gonna be left out in the cold," Terrell said.
That's because a state court settlement will soon require all public universities open all scholarships to all people.
Both parties in the 1968 Rita Sanders Geier v. State of Tennessee case hashed out settlement terms this week.
University Spokesperson Curt Guenther says one of the new settlement requirements calls for schools in Tennessee to stop basing scholarships on race. The U of M is 57% white, 35% black, and 8% other.
"I think this might deter some African Americans from coming," said the scholarship recipient. "The ones that are declared under-represented will be the ones that these scholarships will be primarily aimed at," explained Guenther.
The university is now working to hammer out a definition for exactly who would qualify. Some students welcome the change.
"It gives more opportunity for more people to get a higher education. Professionally and for college," said U of M student Colby King.
The President of the Black Student Association is hearing another consensus.