should I not apply for more scholarships?

Paying for College
1

<p>Ok, this is what my total financial aid package is:</p>

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<p>Scholarship (renewable) Scholarship $2,000
Scholarship (renewable) $2,000<br>
Est. Ohio College Opp Grant $798<br>
University Need Grant $1,000<br>
Federal Pell Grant $2,660<br>
Federal SEOG $900<br>
Federal Work-Study Program $3,000<br>
Federal Perkins Loan $2,100<br>
Federal Stafford Sub. Loan $1,632<br>
Federal Stafford Unsub. Loan $1,636 </p>

<p>Total amount of scholarships and grants: $9,358
Total aid offered (with loans and work-study) : $17,726</p>

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<p>The cost of tuition at the school I will be attending is $9,399. I was planning on commuting, so if I do that my financial need will basically be met. However, I would really like to dorm at the college, in which case it woud cost about $17,000, and I could only do if I accepted the loans and work study program, which I don’t really want to do. Would it be wrong for me to apply to other scholarships, since my need is already met if I don’t dorm there? I don’t want to be taking opportunities away from kids who really need the money, but it would be so much easier if I could dorm at the college, in which case I would need some kind of scolarship money, or take out a bunch of student loans. Also, I don’t know if I will be receiving the same federal aid next year (e.g. grants and such). Should I not be applying to anymore scholarships?</p>

2

<p>If you can get more scholarships instead of the loans then you should do so. Loans = debt. Scholarships don’t. Good luck.</p>

3

<p>at the same time don’t let the loans scare you from staying in a dorm. You are looking at about 21k in loans over 4 years and that actually is not bad.</p>

<p>but as saimcatsmom says more scholarships = less loans = good</p>

4

<p>go ahead and apply for scholarships… </p>

<p>just make sure that outside scholarships won’t decrease your grants or anything like that.</p>

5

<p>Need-based aid could decrease if you commute because your “need” decreases. Go ahead and apply for more scholarships.</p>

6

<p>the more scholarships, the better. that’s my philosophy</p>