Reply to "Losing Scholarship"

9and7dad10,000+ posts

I think the "taken away" scenario happens, but I would guess that the more common scenario is reductions. Kid comes in as a 50-60% scholarship kid and assumes the amount will stay the same. Sets his finances up and makes a school affordability choice based on his scholarship. Then he finds out he's being reduced to 25 or 30%. School just got a lot more expensive, and the kid has very few options.

6/3/1611:18 AM

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