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Thanks for the information swimcatsmom! I read most of that on the finaid website but didn't know that on some of the grants the school has the discretion to set the max amount.
It is my understanding that all outside scholarship and merit-based scholarships are taken in consideration before need-based finaid is determined. For some of the schools I am applying to, I am in the running for institutional merit-based aid as well. If I do receive the merit-based aid, would the college more likely give me loans instead of grants to make-up the rest of the cost, or will they first give me grants and then offer loans as the last resort?
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