Comments on: Scholarships: Let Your Needs Be Known http://www.thehomescholar.com/blog/scholarships-let-your-needs-be-known/1950/ Helping Parents Homeschool High School Sun, 14 Mar 2010 00:33:30 +0000 http://wordpress.org/?v=abc hourly 1 By: Lee http://www.thehomescholar.com/blog/scholarships-let-your-needs-be-known/1950/comment-page-1/#comment-1895 Lee Thu, 29 Oct 2009 01:17:12 +0000 http://www.thehomescholar.com/blog/?p=1950#comment-1895 Hi Evelyn, Colleges are all different in a million ways, and one of those ways is how they apply scholarship money. Some will subtract scholarship money from the other merit-based aid. But other colleges will allow you to keep both, and they will subtract scholarship money from your need. In essence, some will ADD the money, and others will SUBTRACT it. It's an important question for colleges when you visit, and a good reason for parents to discuss finances with the admission or financial aid department. It really, REALLY varies by college. Blessings, Lee Hi Evelyn,

Colleges are all different in a million ways, and one of those ways is how they apply scholarship money. Some will subtract scholarship money from the other merit-based aid. But other colleges will allow you to keep both, and they will subtract scholarship money from your need. In essence, some will ADD the money, and others will SUBTRACT it. It’s an important question for colleges when you visit, and a good reason for parents to discuss finances with the admission or financial aid department. It really, REALLY varies by college.
Blessings,
Lee

]]> By: Evelyn Saenz http://www.thehomescholar.com/blog/scholarships-let-your-needs-be-known/1950/comment-page-1/#comment-1894 Evelyn Saenz Thu, 29 Oct 2009 00:45:38 +0000 http://www.thehomescholar.com/blog/?p=1950#comment-1894 Dear Lee, I have been enjoying your blog very much as I look forward to sending my children to college. I needed to respond to this blog because I feel confused. In our experience, when a student is awarded a scholarship, that money is subtracted from the amount that your child is given for financial aide. It seems to me that applying for scholarships has become completely useless. Am I missing something? Evelyn Dear Lee,

I have been enjoying your blog very much as I look forward to sending my children to college.

I needed to respond to this blog because I feel confused. In our experience, when a student is awarded a scholarship, that money is subtracted from the amount that your child is given for financial aide. It seems to me that applying for scholarships has become completely useless. Am I missing something?

Evelyn

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