<p>^</p>
<p>Kinda. They would take all of the 20K and credit your demonstrated need to the fullest (gaps, loans, work study, and in most cases your summer earning expectation,) leave your EFC alone, and reduce any grant. In other words, you will not lower the family contribution defined by the FAFSA or the IM method. </p>
<p>I think that is what Thumper was saying. :)</p>