<p>Depends on the school. DD’s grant from her university was both a merit AND need based award. The continuation of the award required a GPA of a certain level. Her senior year, this same grant was continued AND increased, and we had NOT A PENNY of financial need (her brother had graduated from college). She inquired and they told her as long as her GPA was the required one her “grant” would continue much as a scholarship does.</p>
<p>So…YMMV.</p>