What is the order that financial aid is deducted from the cost of attending college?


If my son is eligible for need based aid and a college scholarship (academic or athletic). Does the scholarship replace the need based aid first or reduce the amount my son pays?

Answer:
If this is a non-school aware, you need to investigate the school's outside scholarship policy. If it's a school award, you should call the financial aid office directly. I would guess it's unlikely that the school would want to replace federal grant aid with institutional grant aid since it's essentially the same to the student.

Once you get your financial aid award, you may want to check out some financial aid award evaluators at:

http://www.CollegeToolkit.com
http://www.CollegeAnswer.com

Good luck!
It depends on what percent your son gets from the scholarship. He must maintain good academic standing in order for the scholarship to roll-over each semester.
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