Merit + Need? (Class of 2021)

thumper1
Sat, 09 Jul 2016 22:23:28 +0000

Some schools do,allow you to stack all forms of aid but just up to the cost of attendance. But most don’t.

Schools cannot award you need based aid to pay your family contribution.

In addition, in most cases, a merit award will reduce your actual financial need. This will therefore reduce your need based aid. In most cases, this results first in a reduction of self help he’d based aid which would be work study and loans.

And if a school does NOT meet full need, it’s possible that the unmet need portion could be filled with an outside scholarship…just bit the family contribution.

But really YMMV depending on the school. You need to contact each school to find out their policies!