psycgrad37 Posted May 13, 2015 Share Posted May 13, 2015 Hello everyone! I have been admitted to a Psyc Ph.D. program at a state university. I was told that I would be funded via TA/RA/TF for most of my tuition and a stipend on top of that. I also received loans and grants through financial aid. I have been applying for scholarships because I thought I could have some "extra" money. However, I was informed by the financial aid office that whatever scholarships I receive, they will deduct that amount out of the loans. They're explanation was that I have to stay within their determined "cost of attendance". This seems unfair to me since their determined cost of attendance accounts for paying $600 rent a month, which is impossible. My question is, will they also lower my financial aid when I start receiving my TA/RA/TF paychecks? Has anyone experienced a similar situation in which they were told that the scholarships they receive will lower their financial aid loans? Will receiving scholarships affect next year's loan or grant amounts? Link to comment Share on other sites More sharing options...
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