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Reply to "FAFSA says we can pay $90K; should we have applied for FA? "
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[quote=Anonymous]My DC had nearly perfect everything and was invited to apply for a merit scholarship where the year-to-year awards range from $500 to $25,000. Despite the fact that it is billed as a purely "merit" scholarship, DC was required to fill out the FAFSA to be considered. Our household income, like OP's, reflects that we can afford to pay the full tuition. I called the institution to ask why we needed to submit the FAFSA for a merit-based scholarship. The representative of the organization told me that your merit determines whether you get the scholarship at all, but the FAFSA determines what amount the scholarship will be for. I was told my DC would likely only receive the $500 scholarship.[/quote]
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