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Frequently Asked Questions

If I receive a scholarship, will my need-based aid be affected?

BERKLEE | Scholarships | Frequently Asked Questions
The federal government requires that scholarships be applied to your eligibility as calculated by the FAFSA. Any additional funding you receive from any source may require an adjustment to your eligibility for federal or state aid.
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If I receive a scholarship or grant will my need based aid be affected?

FAQ's - Guilford College
Yes! The federal government requires that scholarships and grants be applied to your eligibility as calculated by the FAFSA. Any additional funding you receive from any source may require an adjustment to your eligibility for federal, or state aid, with loans and work-study affected first.
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How many undergraduates receive need-based financial aid?

Frequently asked questions about MIT's Pell Matching Grants ...
More than 72 percent of undergraduates receive need-based financial aid, including scholarships, student loans and term-time jobs. Approximately 57 percent receive a need-based scholarship from MIT.
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If I receive an external scholarship, will my aid be affected?

Untitled Document
If a student receives an outside scholarship, it may be necessary to make room for the scholarship. Concordia's policy is to reduce loans/work – first Perkins, then Stafford and finally work-study. Keep in mind that grant assistance cannot exceed comprehensive fees.
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If I receive a merit scholarship, can I also receive additional need-based aid?

Merit Scholarship Programs
Yes, if you apply for need-based financial aid and the Office of Student Financial Aid determines that your need is greater than the amount of your merit scholarship, you will receive additional assistance in the form of need-based financial aid (grants, work-study, and/or loans).
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Do I have to apply for need-based financial aid to receive a merit scholarship?

Merit Scholarship Programs
No, financial need is not a factor in the merit scholarship selection process. Because the number of merit scholarships is so limited, however, we strongly encourage students to apply for need-based financial aid as well. Over 50% of the 2007-2008 entering freshman class is receiving need-based financial aid to make Vanderbilt affordable. We are committed to meeting 100% of each admitted student’s demonstrated financial need.
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Will a merit-scholarship awarded through this office impact my need-based financial aid?

UMass Boston Scholarship Office
NO. The Office for Merit-Based Scholarships manages all scholarships offered through UMASS Boston ONLY. We do not manage outside scholarships. You may wish to pursue outside scholarship opportunities by visiting Teri College Access located at the Copley Branch of the Boston Public Library. Or on-line at www.tericollegeaccess.org. If you are already receiving an outside scholarship, you must address all inquiries and concerns to the entity funding the scholarship and not to this office.
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Will a scholarship affect my need-based financial aid?

Georgia Law - Prospective Students - Juris Doctor Program - ...
It probably will. Generally, when determining the loan amount for federal government loan assistance, â??Student Contributionâ?? is subtracted from the â??Cost of Education.â?? Scholarships are a
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How will my financial aid change if I receive an outside scholarship?

Wheaton College (Wheaton, IL) - Financial Aid Department
We encourage you to investigate all possibilities for assistance, such as scholarships from corporations and private organizations. If you receive such awards, your award may be revised to first reduce or remove your federal work study, then your loans and finally your grants.
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If I receive a scholarship do I need to report it to my school's financial aid office?

AFC Student Loans - Frequently Asked Questions about Federal...
Academic Finance Corporation • One West Boylston Street, Chadwick Court • Worcester, MA 01605
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How do I apply for a Pell Grant and other types of need-based aid?

Frequently Asked Questions
Submit a FAFSA. You may now apply on-line at www.fafsa.ed.gov. To indicate interest in student employment, student loans and parent loans, you should check the appropriate boxes. Checking these boxes does not commit you to accepting these types of aid. You will have the opportunity to accept or decline each part of your aid package later. Leaving these boxes unchecked will not increase the amount of grants you receive.
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Can I apply for a need-based scholarship more than once?

National Medical Fellowship, Inc.
Yes, you can renew your need-based scholarship as long as you do not advance beyond the second year in medical school. That depends on the scholarship for which you are applying. Please refer to the program descriptions in Need-based Scholarships for California Residents. Yes, as long as all of the other required application materials are received by the June 30 deadline date, and the verification form is submitted no later than September 1.
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Is this a need-based scholarship?

California Alumni Association at UC Berkeley - Student Area
YES. Although there is no set maximum family income, you must be of "high financial need" to qualify. This will be evaluated based on your FAFSA, essays, biographical information, and participation in outreach programs for low-income students.
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How will the outside scholarships I receive affect my eligibility for need-based financial aid?

Central College - Financial Aid
Any outside scholarships are viewed as financial resources available to meet your financial need. You are required to report outside scholarships to the Office of Financial Aid. The gift portion of your financial aid package is not typically reduced based on your outside scholarships. The increase in gift aid may result in a reduction of the loan or work-study portion of your package. The Federal Subsidized Stafford Loan is awarded on the basis of need according to federal eligibility standards.
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If I applied for need based financial aid, when will I receive my financial aid award letter?

Kennedy School Student Financial Services
Assuming that we have received the processed FAFSA from the Department of Education and your KSG need based application through Embark, all two year program admitted applicants should receive your financial assistance recommendation letter about 1 week after your receive your admission notification. Mid-Career program admitted applicants will receive their financial assistance recommendation letters in mid-May.
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Do I need to be a full-time student to receive financial aid?

Financial Aid at Colorado Mountain College
This varies, depending on the requirements of the financial aid program and the availability of funds. Most do not require a student to attend full-time (12 hours or more) and some, like the Pell Grant, require an enrollment of only three hours, assuming all other eligibility requirements are met. to top Yes, if you are a resident of the CMC District and you have recently graduated from a high school within the CMC District, or will soon, you are probably eligible for the Richard C.
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Do I have to reapply for the merit based scholarship I receive?

Vanderbilt University office of Financial Aid: FAQs
You do not need to re-apply for merit scholarships. If, however, you have received need-based aid in addition to the merit scholarship, then you must update your financial records by filing renewal financial aid applications (Free Application for Federal Student Aid and and College Board PROFILE) every year in the spring. Students receiving certain merit scholarships may have to meet academic standards to retain these awards.
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After I sign up for Direct Deposit, when will I receive my financial aid or scholarship?

FAQ'S Direc Deposit
That depends on several factors: how soon you sign up, when University Disbursements receives your award information from the Office of Financial Aid and Scholarship, when you have enrolled at least half-time, and whether or not there are holds on your record. [page top]
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How do I receive your Financial Aid and Scholarship Guide?

Frequently Asked Questions - Money4College123
After registering, you will receive your membership ID# and password in about an hour. You will then be able to enter the member area. We provide everything through our web site. This guarantees you will always have the most recent information (unlike many books in the store that are out of date as soon as you buy them) and helps make the fee more affordable for everyone.
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How does my child receive scholarship aid?

SHOCKER BOWLING, Wichita State University
Scholarship aid is available from not only the university, but also through the Shocker Bowling Program. Student-athletes wishing to be considered for scholarship aid through the Bowling Program need to complete a Bowling Scholarship Application form in the Spring prior to attending Wichita State and trying out for the bowling team. The deadline for submitting a Bowling Scholarship Application is May 15.
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What if I don't qualify for need-based aid?

Wheaton College (Wheaton, IL) - Financial Aid Department
Students who do not receive need-based financial aid awards are still eligible to apply for certain other loans, payment plans, and parent loans. These are all made available to help families fit tuition payments into their budgets more easily. Call or e-mail the Financial Aid Office for more information on federal unsubsidized stafford loans and federal parent PLUS loans.
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What is Need-Based Aid?

Scholarship Foundation
Any funding source that considers a family's income or ability to pay as criteria for receiving financial aid is considered need-based. The Scholarship Foundation's Interest-Free Student Loan Program and grants are need based.
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Charleston Southern University
Need-based aid requires that you have some amount of “financial need”. Examples of need-based aid are Federal Pell Grants, Federal Work Study, Subsidized Stafford Loans, Federal Supplemental Educational Opportunity Grants and South Carolina Tuition Grants.
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What is need-based financial aid?

FAQ's - Guilford College
Need-based financial aid is any loans, work-study, grant, or scholarship, which requires that the recipient qualify for it based on demonstrating need on the FAFSA. Other than specifically identified academic and merit scholarship, most financial aid funds are need-based.
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Hubert H. Humphrey Institute of Public Affairs: Frequently A...
You should submit a Free Application for Federal Student Aid (FAFSA). Note: Graduate students are eligible for student loans only and not for federal grants (as are undergraduates). For more information, please contact the One Stop Student Services office by phone at (612) 624-1111 or toll-free at 1-800-400-8636.
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How do I apply for need based aid?

FAQs
Emory University is willing to help you through your college years by offering an array of financial programs. All of the programs have one objective: to make an Emory education affordable for you. Emory is a need-blind institution. This means a student's ability to pay for the education is not considered when admission decisions are made.
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Do I receive a scholarship check from UNC for my merit-based scholarship?

The Office of Scholarships & Student Aid at UNC-Chapel H...
No. With the exception of National Merit awards and "outside scholarships" (scholarships from sources outside of the University), funds are electronically transferred to the Cashier's Office at the beginning of each semester. If you are receiving a non-University outside scholarship, checks usually arrive at the Cashier's Office within the first couple of weeks of each semester.
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If I receive a scholarship to Berklee, but I need more money to attend, what can I do?

BERKLEE | Scholarships | Frequently Asked Questions
Domestic students should apply for federal financial aid. In addition to applying for federal aid, all students should seek financial assistance in the form of scholarships and sponsorships outside of Berklee. Some excellent resources for information about these types of funding can be found by contacting local, state and federal government institutions, by accessing the Internet, and by researching this information in a local public library.
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What do I need to do if I receive a scholarship?

Cape Cod Association: Frequently asked Questions
If you receive a scholarship, you will receive an award letter announcing the purpose and amount of the scholarship. You must complete, sign, and return one copy of this letter (keep one copy for your records) and notify your school of your award. Towards the middle/end of July, we will issue a scholarship check, made payable to the college/university you will be attending for that fall semester, directly to the Bursarâ??s office at that college/university.
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