Answer
Last Updated: Apr 10, 2025 Views: 504

The total amount of aid offered to you, including all scholarships, grants, tuition assistance, and loans cannot exceed cost of attendance.

If scholarship funds cause you to exceed the cost of attendance, your financial aid offer must be adjusted accordingly. Often in these cases the amount of loans in the financial aid offer will be reduced, meaning that you will have less than you will need to repay when you finish school.

When a scholarship is added to a financial aid package, students who have been offered aid up to their cost of attendance, or whose scholarship is greater than the gap between their current offer and their cost of attendance, would see the amount of loans in their offer reduced to make room for the scholarship.