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College and University Discussion
Reply to "I'm a Coca-Cola Scholar AMA"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have a question OP: why in the world do you think any of us cares?[/quote] Here is the interesting tidbit that some of us parents of 1st gen kids might not know in advance. We surely didn't. Outside scholarship money your kid earns can be deducted from financial aid. That can come as a very bad surprise and trigger a deflating and 'what the heck did I do all this for?' feeling. Congrats to the poster to have been selected! [/quote] I have another tidbit to share. Our child goes to college on a full ride scholarship, and the outside scholarships were paid to the child in cash. An outside sponsor sent the scholarship money to college, creating an overpayment on the account that had a zero due balance. Thus, an overpayment was returned to the student directly. [/quote]
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