<p>Yes, Ohreally, you are correct. The STRIDE award reduces your loan/work study first. So if you were to get $20K a year in fin aid, ($15K loan/work study and $5k in straight grant) with the STRIDE, you now have NO loans while still getting the $20K support. </p>
<p>But also, for the first two years you get some additional stipend money as work study with your adviser (but relax, they do NOT pour on a the work making it hard for your first year, but you DO get to begin your work with your adviser which can be fun) So not bad!</p>
<p>Again, congrats at the very happy (and financially fulfilling) news to go along with your admission to a great school! </p>
<p>BTW, I wrote about non-financial benefits my D is getting from STRIDE in my RD post. It is a truly impressive program well beyond the initial award.</p>
<p>Great program for some great scholars!</p>