Do finances sometimes affect merit aid awards?

<p>Hmm. Obviously depends on the school. DD applied EA to two schools. Both awarded merit aid, one 10K, one 15k which was the top of the scale for both. In neither case was FA information considered as I had not submitted FAFSA or profile or any financial aid prior to the merit awards. Same with DS a few years back. We got the merit information prior to giving the schools any financial information.<br>
All were EA not ED.</p>