So here is a 'wishful thinking' question thread.
At this point, my S19 has applied to about $65,000 worth of 3rd party scholarships. Most are highly competitive and it is unlikely he will win more than one, or even one.
However, what if his dream comes true and he wins scholarships totaling more than the school's COA? Let's assume the scholarships pay the school directly (as many do.) Will the excess money be forfeited or will it be applied to later years? Or is there some other outcome?
For example, S19 is considering an in-state public school whose COA is $26,000. What happens if he wins $30,000?