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I know it's kind of late in the cycle for this question, but several of the schools I've been accepted to have mid-April financial aid application deadlines, so...better to ask late than never, I guess.
So, here's the deal. I have not filled out any financial aid applications at this point because my grandparents are willing and very able to pay for my entire medical education, no matter which institution I choose to attend (Thanks for your assistance and wise investment decisions, grandparents. ).
Unlike my grandparents, neither of my parents are exceptionally wealthy. They're divorced, and one parent makes significantly less than the other. I have a younger sibling attending college, and I know that can help me if I apply for need-based aid. My main question is: Am I allowed to to apply for and accept any institutional, need-based money awarded, not accept any loans, and have my grandparents cover the remainder? If I am allowed, would I be morally in-the-right to do so, likely depriving others of extra need-based aid? Also, would I need to report both parents, or just one, since they're divorced? I checked the FAFSA site for my last question, but it only seemed to have an answer for if I were a dependent, which I am not.
After having written this out, the answer to my question of whether this is allowed seems like it is, "Yes." Sorry, I've never applied for finaid before, so I'm pretty confused (I had full scholarships for undergrad and stipends for grad school). I appreciate if anyone can answer my questions and give me their opinions.
So, here's the deal. I have not filled out any financial aid applications at this point because my grandparents are willing and very able to pay for my entire medical education, no matter which institution I choose to attend (Thanks for your assistance and wise investment decisions, grandparents. ).
Unlike my grandparents, neither of my parents are exceptionally wealthy. They're divorced, and one parent makes significantly less than the other. I have a younger sibling attending college, and I know that can help me if I apply for need-based aid. My main question is: Am I allowed to to apply for and accept any institutional, need-based money awarded, not accept any loans, and have my grandparents cover the remainder? If I am allowed, would I be morally in-the-right to do so, likely depriving others of extra need-based aid? Also, would I need to report both parents, or just one, since they're divorced? I checked the FAFSA site for my last question, but it only seemed to have an answer for if I were a dependent, which I am not.
After having written this out, the answer to my question of whether this is allowed seems like it is, "Yes." Sorry, I've never applied for finaid before, so I'm pretty confused (I had full scholarships for undergrad and stipends for grad school). I appreciate if anyone can answer my questions and give me their opinions.