My daughter has a good profile and we have a pretty high EFC so was hoping to maybe bring cost down by looking at outside scholarships (as well as colleges who offer merit). We have gone through vetting a ton to identify a solid list she might have a chance of winning. The problem is it’s even more writing on top of senior year IB diploma work and applications. I’m sure others are in the same boat. I’ve come to understand that even if she won 5K that we would report it and most colleges would just adjust need aid down. Net effect is zero. It seems like winning would likely be highly competitive as well. So why even do it? My daughter has a good profile and is a good writer, but I would guess there are thousands who could say the same. Hoping I’m missing something?
Thanks in advance for any guidance.