<p>"Yes. Regardless of how much aid you receive, the university scholarship is added onto that amount. "</p>
<p>This was not our experience. Although he did not attend, my son received the $10k University Scholarship for the 2008-09 class. Essentially what happens is that the merit scholarship replaces loans and work study in your aid package. For instance:</p>
<p>Cost of Attendance $50k
EFC $20K
Total Aid $30k</p>
<p>Aid Package before University Scholarship:
National Merit $2k
Work Study $3k
Loans $10k
Grants $15k
Total $30k</p>
<p>Aid Package after University Scholarship
University Scholarship $10k
National Merit $2k
Loans $3k
Grants $15k
Total $30k</p>
<p>So it sure helps by eliminating work study and part of the loans, but the overall aid package is still based on your EFC and no more.</p>