Scholarships for NMSC commended students

BobWallace
Tue, 14 Aug 2012 22:55:55 +0000

Financial aid doesn’t work that way. If you are getting financial aid equal to half the cost of the school and you get a merit scholarship, it will be used to reduce your aid and your cost will stay the same. You can only come out ahead by getting a merit award larger than your “need” as determined by the school.