When outside scholarships are awarded to a student that has a full ride scholarship, what happens? I believe in the case of non-merit financial assistance awards that the outside awards reduce the schools's FA amount, but what happens when a student is awarded a merit-based full ride? Or is it completely different for every school?
Also, most of the outside scholarships my son has applied to do not list restrictions on how the money is to be spent. Are these checks written to the university, held in a student account, then spent by the student? Do they need to get approval to spend the money on certain things?
Just curious how it generally works...
Thanks in advance, this part is new to me and the search function yeilded few answers.
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