<p>Is it possible? Will getting more merit aid cut down on the finaid?</p>
<p>bump! would like to know this too</p>
<p>Yes, it is possible, and yes, more merit aid does go into the equation for financial aid. The one year D1 got the most financial aid, the loan amount was decreased when she got two additional scholarships. It still left a gap in the costs (we wouldn’t have been getting more money than it cost for her to go to school there)… :P</p>