<p>D is 5K and I don’t know where I should list it when filling out the Net Price Calculator. Any help is appreciated. Thanks.</p>
<p>I don’t recall ever seeing a place to put that. You can read the individual college website to see how outside scholarships are treated. Likely it will replace the student loan, then possibly w/s, then need based aid.</p>
<p>Depends on the school. If it is a school that gaps, it will get applied to the gap. If it is a school that meets need, it may replace a grant, or it may replace a loan.</p>
<p>You don’t. You get the NPC estimates and that is an average usually of what someone with your family finances would be expected to pay and some examples of how any need is met. </p>
<p>You then look at the websites of each school and see how each one treats an outside scholarship. If it’s not clearly described, you call the financial aid office and ask. I don’t recommend identifying yourself when asking, by the way. </p>
<p>The way it works with a lot of schools that guarantee to meet full need as they define it AND have self help such as loans and work study in the package, is that they apply to scholarship to that self help first. If there is still scholarship money left over, they usually take that from the grant. </p>
<p>Another school might take it directly from the grant first, leaving the self help part intact. Still another might allow you to stack awards as much as the law allows. The federal government does not allow students to get money other than PELL above and beyond the FAFSA EFC , so that comes into play. If state funds are involved, there may be such rules governing them as well. </p>
<p>For schools that do not guarantee to meet need and the package does not meet need, it can vary all over the place. Again, there are the federal and state laws that need to be observed but also the school could have it own rules. Some might let the money go to the gap between the aid they give and the need as calculated, others will say that that they will take back their own money first before letting you replace the gap or any self help.</p>
<p>So you have to deal with this individually and YMMV.</p>
<p>The scholarship will lower the need and likely reduce the grant, loan, and/or work study. Each school would have a different way to deal with it.</p>