Just need a bit of clarification in terms of financial aid rewards. So at the end of March/April we will receive our financial aid notices. Some people will receive 50% scholarships, 25 % scholarships, and others will receive nothing. My question is if those people who receive scholarships/grants to schools, but by May 15th choose to go to a different school, do these funds get reallocated to somebody else? Is it possible to not receive financial aid before (end of March), but after the class is set around May 15th, to receive a new updated financial aid statement and possibly receive money??
I'm a bit clueless about this part of the process