Corporate vs. School Money

Mom103
Sun, 19 Feb 2012 20:20:52 +0000

I am confused by the $2500 NM Scholarship and the college-sponsored scholarships. If a student is selected for a $2500 NM Scholarship but his first choice school actually offers a larger, renewable award, does the student “turn down” the $2500 somehow? It is my understanding that a NMF may only receive one scholarship, and the student would obviously prefer the larger award. Is the timing such that the college-sponsored award would come through first, and that student would then not be awarded a $2500 NM Scholarship? Also, my son’s first choice university does not allow stackable, merit scholarships. If he would be awarded a scholarship (from the university) larger than the NM award at that school, and accepts the merit scholarship instead of the NM award issued by the school, would he still be eligible for the $2500 NM scholarship? Does this make ANY sense at all?