Thanks I am now getting the picture…I think. If the excess amount of the total (COA) if fully taxable then it would probably be best to not have it deposited into the student’s bank account? So as an example if the total COA is 25K and the BK is worth 21K and I have an outside scholarship worth 5k, I would have an excess in funds of 1k which would reduce the BK funds by 1k which I could then put into a student account which possibly would be taxed? In a nutshell is it worth it to continue applying for outside scholarships if you have the Full BK and possibly will have an excess of money in outside scholarships? You essentially won’t benefit in any way if you have more than the total COA?