<p>If a college gives you adequate aid and the FAFSA or CSS provide additional aid, how does that college handle the extra aid you receive from other sources?</p>
<p>If you receive additional from other sources, this aid is first used to reduce your self help aid (loans, and workstudy). If there is any scholarship aid left over it is used to reduced the grant/scholarship aid (with the exception of federal grant aid) that the school gives you.</p>
<p>Policies vary from school to school so it is in your best interest to read for your self how a particular school handles outside aid. For example: Brown bleives that a student must always contibute to their education using some sort of self help component and will they will never wipe out all of your loans/workstudy.</p>
<p>usually outside scholarships reduce the amount of loans however sometimes grants are reduced</p>
<p>Also, the FAFSA and CSS Profile do not provide additional aid; they are simply the forms the college uses to decide how much aid IT will give you.</p>
<p>the FAFSA does direct the federal govt to allow the student to recieve subsidized loans( and Pell grants)- thats why information about registering for military duty- no drug convictions etc
If it was up to the schools- Im sure some of them couldn’t care less if students registered for draft or had past drug convictions, especially if in all other areas they were exemplary.
COngress decides on the federal need analysis methodology
So if you want some one to yell at about why a family who saved in childs name gets less aid than one who saved in parents name- now you know where to go!</p>
<p>TropicalIsland, the school’s aid offer will be based on the FAFSA and Profile (if used), along with any other factors the school considers.</p>
<p>If you receive outside awards, like a private scholarship from a local business, the school may reduce your award. Some reduce it dollar for dollar (greatly reducing the incentive to seek outside scholarships), some don’t. My daughter’s school only reduced their aid by 50%.</p>