<p>Many schools allow students to use outside scholarships to cover the student’s summer earnings expectation and term-time job expectation. See Stanford’s policy here: <a href=“https://www.stanford.edu/dept/finaid/newadmits/index.html#faq_8[/url]”>https://www.stanford.edu/dept/finaid/newadmits/index.html#faq_8</a></p>
<p>"8. I am expecting to receive outside scholarships. How will these affect my financial aid award from Stanford?</p>
<p>If you receive outside scholarships or grants, we will reduce the academic year job expectation of your financial aid award and/or the student contribution from income.</p>
<p>By obtaining outside scholarships, you will reduce or eliminate the amount that you are expected to work. If the value of your outside scholarships exceeds both the academic year job and the student contribution from income, we will reduce your need-based University scholarship.</p>
<p>Please note that for a few students, we are not able to fully reduce the student contribution portion in order for you to retain need based federal and state grants such as Pell and Cal Grants.</p>
<p>You are obligated to notify the FAO of any outside scholarships that you receive. "</p>