<p>Are scholarships and federal loans offered per year, or are they just one-time things?</p>
<p>Loans are usually multi year. </p>
<p>We can’t say about scholarships, because we don’t know what yours are. You’ll have to ask the source of each scholarship if they’re “one time only” or “renewable”. IF they’re renewable, you need to find out if there’s a requirement…like a minimum GPA req’d.</p>
<p>Ahhh, how about federal work study?</p>
<p>If you accept it the first year, I’d expect it to continue.</p>
<p>Most colleges make an attempt to make their financial aid packages for subsequent years be commensurate with the first years’ as long as there is not big change in finances or family situation (such as going from 2 kids in college to 1). However, the student contribution portion does tend to increase each year,as schools do expect the student to take on more of the cost as he moves up the ranks. Also the packages tend to go more for the self help. College costs have risen each year 3-5% at least, so you can expect that increase as well. Also if you stay in university housing, upper class accommodations tend to be pricier. If the school is in an area where there is inexpensive student housing available, some cost benefits can be gotten by moving into low cost off campus digs and going off the meal plan, though that depends highly on the discipline and money management skills of the student.</p>