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If my child receives need-based aid, won’t a merit award just get subtracted from the need-based aid offer?

April 26, 2017aid award child merit need-based Offer subtracted

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If my child receives need-based aid, won’t a merit award just get subtracted from the need-based aid offer?

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In some cases colleges do subtract the outside award from the whole package, thus reducing loans, the family contribution, as well as grants, while others subtract outside awards from loans and the family contribution only.