Ethics of Outside Scholarships

curious14
Fri, 06 Jul 2007 15:57:35 +0000

I agree that any student with $3,000 plus of investment income would be unlikely to qualify for need based aid but my point was more about the unequal treatment of outside scholarships and other income of any type. I only illustrated it with investment income to illustrate how unreasonable such a distinction is. I think the outside scholarship is every bit as earned as money from a job so I can’t see any logical basis for colleges making this distinction. To be perfectly clear it seems to me they should treat income in the child’s name and outside scholarships identically. Other than “thatis the way they do it”, is anyone aware of a justification for this approach.