

Do Merit Awards Affect My Financial Aid?
Prepare For College, LLC by Chuck Moore, CCFC, Al Hoffman, CCA and Gary Carpenter, CPA, CCA
Oct 1, 2025
05:42
Episode notes
If you receive an outside scholarship, the college will review the scholarship and may apply a process known as scholarship displacement. Basically, the school reduces something in your aid package to make room for that new scholarship. In this podcast, you will learn what to do about this possible problem.
Keywords
college
college financial aid
award letters
College Loans, Direct Student Loans
college scholarships, high school GPA, selecting the right college
College Commitment Dates, College Appeals, College
College Affordability, College Cost Reduction, How To Pay For College
SAI, EFC, Financial Aid Calculations
College Cost