I wanted to preface this by saying that I haven't been applying to as many scholarships as I probably should be. But here's the thing, I've heard that scholarships often times will deduct from the financial aid a school gives. For example, you might get a little bit of financial aid, but after reporting a scholarship, they would deduct the amount they awarded you so you'll be left with even less financial aid from the school. That's why I'm wondering, is it even worth it to put in the effort if you're not *really* getting anything?
Essentially, how do universities factor outside scholarships when determining financial aid?
Thanks so much!