Introducing a New Expert Content Section: Careers
Why are the scholarships called scholarships if they replace financial need?
At Northeastern, my financial need should've left me paying around $30,000 a year according to the net price calculator. When I got accepted, I received an honors "scholarship" paying $26,000 a year, with no more need based grants. What's the point in calling it a scholarship if it does not stack with financial aid? I thought scholarships were supposed to make students want to attend a school more than if they did not receive a scholarship. I would assume that if I got accepted with no scholarship, I would have been offered $25,000 (give or take a couple thousand) a year in "need-based" aid. So what's really the difference? To me, they are just calling my aid a scholarship to make it sound more appealing.
I just don't understand why they don't stack this money. Maybe I'm just bitter I wont be able to afford my dream school (and I knew that from the beginning), but this just does not make sense to me. I do know they have accepted loads of other people who are willing/able to pay these large amounts of money. I guess I am just not one of them.