<p>Oberlin tends to structure their aid to keep grants and work study to reasonable amounts. However, their funds are not unlimited. If you get a merit scholarship from Oberlin, that amount will be taken into consideration when determining the mix of need-based grant, loan and work-study aid. It is possible that all three need-based forms of aid could be reduced as a result of receiving merit aid from Oberlin. As long as something comes off the loans and work-study, you are still ahead of the game.</p>
<p>If you receive aid from outside Oberlin that is partially or completely merit-based, they will reduce the loan and work-study amounts only. They will not reduce grants and scholarships unless the grants and scholarships total more than the charges billed by Oberlin for for tuition, room, activities fees and meals.</p>