Boston College Scholarship Policy

[thumper1]

@DadOfJerseyGirl

my understanding is that schools typically reduce any institutional need based aid by the amount of any external scholarships.

This varies by college.

1. Some colleges will reduce your institutional need based aid if you receive outside scholarships. Those outside scholarships reduce your need so your aid is reduced. If this is their policy, they will start with self help (loans and work study first) and if your outside awards are more, then your grants can be reduced as well.

2. Some colleges allow stacking of outside scholarships with their institutional need based awards up to the cost of attendance.

And some colleges do expect that your family will still pay the calculated family contribution.

I agree…call BC and ask them what their policy is and how your outside scholarships will affect your BC need based financial aid. They will be happy to help you!

That’s really the only way to know.