hawaiiboy15

Say you win a couple of local scholarships, lets say less than or around $5,000 dollars. Can you keep the money and use it towards your $3,000 deposit or are you not allowed to accept it? They probably won't even give it to you because you're going to a SA, but you never know.

Bossf51

I'm pretty sure you can use it towards your deposit.

bearbit

Yes you can use your scholarship towards your 3000 deposit but unfortunately most scholarships are received at the end of the school year... after you have already payed your deposit. Admissions will not reimburse your initial 3000 deposit in lieu of your scholarship, however recommends that you cash your scholarship and deposit it into a White Account (I believe White Account is the correct terminology) at the academy. Since a lions share of your monthly stipend goes into this white account to pay for books, uniforms, equipment, etc., your benefit from any scholarship deposited will not be realized until after you graduate and the balance of your white account refunded back to you.

As far as how much scholarship may be deposited into your account, I guess that would be an ethical choice on your part. If on Senior Awards night you might happen to receive a large dollar amount of scholarships and then when the CGA representative presenting your appointment announces that its worth between 300,000 to 400,000 dollars, some people may be resentful. Personally I think that less than or around $5,000 dollars is a fair amount being fimilar with what cost are involved. If anyone uninformed would question the 5,000 amount and an appointment to boot, explain about the 3,000 deposit and that you have to pay for certain amenities along with logistics.

CGAMOM2012

My daughter was able to apply a few small scholarships towards her initial deposit and white card account. It also depends on the rules of the scholarship -- if it specifies 'tuition' then no -- if it says 'tuition, books or any required fees' then CGA was able to post it.

She chose to decline some scholarships so that another deserving student could benefit. She declined scholarships that specified 'tuition' and also a few that were in excess of her $3000 deposit. A personal decision but you can apply a reasonable amount of scholarship checks to your deposit and/or white card account.