<p>Outside scholarships definitely do not reduce the parent contribution at Stanford. They can and do, however, reduce the student contribution. So whatever compromises the student contribution, i.e. the $4500 from summer and academic year earnings and the 5% of assets in the student’s name, will be reduced by the amount of outside scholarships.</p>
<p>If the outside scholarships equal more than the student contribution, the Stanford FA (called Stanford Fund Scholarship) is reduced by that amount. [Outside</a> Awards : Stanford University](<a href=“http://www.stanford.edu/dept/finaid/aid/outside/index.html]Outside”>http://www.stanford.edu/dept/finaid/aid/outside/index.html)</p>