How do institutions meet demonstrated need?

Typical financial aid awards can include a mix of:

Self-help aid – student employment and loans
Gift aid – grants and scholarships

Scholarships awarded by anyone other than the institutions can meet unmet need, replace loans or student employment, and sometimes can reduce or replace an Expected Family Contribution Always be sure to ask the following questions of outside scholarships:

Is this scholarship renewable?
If so, what are the requirements?
Will this scholarship affect my need-based aid eligibility?

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