<p>what does a scholarship mean when its over your estimated faimly contribution.</p>
<p>like say for example case cost 40,000 dollars, and your estimated family contributino was 20,000.</p>
<p>say in scenario 1) You get a 10,000 dollar scholarship at case, and they give you 10,000 dollars in financial aid (say 3000 dollar grant, 3000 work study, 4000 loan)</p>
<p>but it doesn’t really matter because the amount they gave you for a scholarship is well above your efc which is 20,000.</p>
<p>so say you didn’t get the scholarship and your financial need is 20,000 dollars (from 20,000 to 40,000).</p>
<p>they would still cover like 13,000 in grants, 3,000 in work study, and 4,000 in loan.</p>
<p>in both cases you end up with teh same amount of loan after 4 years (16,000 dollars)</p>
<p>so really this is the major point about scholarships. what good are they unless they are below your e.f.c. otherwise the school will give you a financial package that is fair anyways?</p>