<p>What happens if my scholarship money exceeds my unmet need by more than $10,000?? Will my financial aid package be reduced? Do i have to notify the financial office of my recent scholarships?</p>
<p>yes, scholarships do tend to reduce financial aid and should definitely be reported (honor code!). The aid office, though, is nice in that they will cut out loans and work-study parts of financial aid before cutting back on grants, so it’s not a total loss by any means.</p>