Merit Scholarships

MADad
Mon, 08 Sep 2008 23:21:57 +0000

IsabelB–

Of course. Merit aid is awarded regardless of need, and need-based aid is, well, based on need.

Both merit-based and need-based, AND loans, combined, make up one’s “financial aid”

What I didn’t understand when D started school was that merit aid reduces the amount of need-based aid awarded.