<p>I have been offered two scholarships by one of the universities I applied to (one is for $15,000 a year and one is for $17,000 a year). My question is, if I get both of these, and the overall costs end up being less for the college (I have scholarship money left over), can I go to the financial aid office and ask for the money for myself (at the end of the four years, lets assume)? If I transfer after a year, can I still ask for the money back after four years?</p>
<p>Thanks for the help.</p>
<p>If both scholarships are being offered by the school for the year, it is unlikely that they will award you money that exceeds the cost of attendance at the school. You can ask, but typically that is the case.</p>
<p>If you leave your first college, you will likely be asked to reconcile your bursars account immediately…in other words if there is extra money there you will get an immediate refund of extra money in that account. If you are no longer a student there, they will not maintain an “account” for you for four years…or any number of years.</p>
<p>Re: getting money refunded…scholarship money is awarded on an ANNUAL basis. If you transfer, you would no longer be eligible for a scholarship offered by your first school…and you would not be able to get a refund in later years under any circumstance I can think of …unless YOU overpaid the bursar’s office and had a balance (and even then as noted above…I believe if you withdraw from your first school…you will have to reconcile your bursars account immediately).</p>
<p>Silly…</p>
<p>Do you know if those scholarships are “stackable”? Some schools allow stacking, some do not. Some only let you take the bigger scholarship.</p>
<p>Most schools that allow “stacking” (meaning you can accept multiple awards from them and others) ONLY allow stacking UP TO the cost of attendance, not OVER the cost of attendance.</p>
<p>A student could still be due a “refund” if he is allowed to stack scholarships up to the cost of attendance, since some of the items in COA (books, travel, etc.) are not things he would pay directly to the school.</p>
<p>Ah, you guys are right. I looked in to it a bit further on the website and if I take the new one they are offering (which is $2,000 more), then I cannot get the lower one. Either way, I still have to pay something. Damn. Thanks anyways you guys :)</p>