My D received $5K per semester ($10K/year) starting 2nd year and only for 3 years. Is this delayed award common? Do you think it is to boost retention rates? Also, does anyone know if that excludes co-op semesters and therefore actually equates to 4 years if she decides to do the 5 year program with 2 semester co-ops? Also, she really wanted honors college and did not get accepted, does anyone know if that makes a difference throughout your time there. We are trying to understand it and not sure what to make of it all and trying to figure out the actual cost of attending.