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I have an EFC of $9000, which is a severe overestimate of what I actually have to contribute. However, I just found out I am receiving a tuition waiver scholarship worth $20,000 from my home state. My reasoning is that since this has been my effort that this can be counted as my financial contribution. That way I can still get the full government loan amount for the remaining $18,000 to cover my cost of attendance. The money goes straight to my school so it's not like I can just hand over the $9000 and use the rest for whatever I want. I hope the fin aid office works this out in my favor.
Does this make sense to anyone else?
Does this make sense to anyone else?
