When you get a full scholarship for financial aid, do you still have to pay the money?Answered
I am a high school freshmen and I don't really understand the financial aid process. When I applied fro financial aid for one of the summer programs I got accepted to I was awarded a full scholarship and I was confused.
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2 answers
The financial aid that you are provided does not need to be paid back. and congrats on the scholarship! S it is basically free for you where it covers most of the cost.
If you get a full scholarship for financial aid you must make sure it is enough to cover the amount of your schooling then if it is you'll not have to pay. However, if it only covers a portion you will have to pay the remaining cost. Also, keep in mind financial aid covers solely your education. Not your cost of living, books, etc.
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Hey @Triplet_24 - Letting you know that we moved your question to the "Paying for College" community because it has to do with Financial Aid. You will be able to see it there!