Is There a Scholarship Awarded With Your Letter of Acceptance?

Is there a scholarship awarded with your Letter of Acceptance?

Students who submitted college applications weeks ago are receiving Letters of Acceptance already. Those affirmations make everyone happy. Congratulations!


It is not uncommon, not at all, for a scholarship to be awarded along with the acceptance letter. That is also a good thing and, again, congrats.

What is it not, however?

  • It is not truly a scholarship as much as it is a discount off of the price. In other words, no money will ever exchange hands. The college is just offering to charge you less.

  • It is possible the scholarship is for only the first year; not renewable for years two, three and four. Be sure to ask.

  • It is contingent. Contingencies include your senior year of high school grades, your personal deportment both in school and in your community (i.e. don't get busted for doing something stupid) and whether you commit by any deadlines mentioned in the letter.

  • Finally, and most important, it is not the final and formal offer of financial aid. That will come, typically, in late March/early April.

What is that scholarship then?

An enticement to commit before you hear from any other colleges.

Therefore, wait. Wait until at least the end of 2020. By then you will likely have heard from every college to which you applied. If, by then, there are schools from which you have no formal letter of acceptance (or denial of admission) call the school(s) and check on the status of your application.

That last thing reminds me to remind you to check NOW with every college on your list. Make certain they have every requirement in hand. Don't wait. Deadlines are hard stops in college admissions.

Next time let's talk about Wait List and Spring Admission.

Posted in College Planning, College Planning Strategies. Tagged as #collegeplanning, #collegescholarships, #financialaid, #financialaidoffer, #howtopayforcollege, collegeacceptanceletter, scholarshipsforcollege.

Post a comment (* required field)

Name *
Email * (will not be published)
Website
Comments *

Tags

Keep in Touch

Subscribe