msd29 asks:

If my college tuition is paid for by a grant, am I still eligible for scholarships and student loans?

In Topics: Financial planning for college
> 60 days ago



May 28, 2010
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What the Expert Says:

Your college financial aid office will have a clearer explanation on this, but I'm fairly certain that you are still eligible for scholarships and student loans even if your tuition is paid for with grants. Typically, when students apply for financial aid, they will receive an offer letter with a "package" of grants and loans to cover the cost of tuition, housing, and books. If your grant covers the cost of tuition, you will still need support for housing, books, and miscellaneous expenses.

Thus, you should be eligible for other sources of funding, but it would be best to verify this with your school's financial aid office.

Good luck!

Laura Kauffman, Ph.D.
Licensed Child Psychologist
JustAsk Expert

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Additional Answers (1)

Hitana writes:
In fact, unless students are athletes or stellar academics, many scholarships awarded offer them only partial scholarships. As a result, many students who are awarded these scholarships will have to consider alternative methods to pay for the rest of their college education, still being eligible for various kinds of student or payday loans. There are, however, full scholarships that enable students the ability to continue higher studies. These are referred to as full ride scholarships. Although not common, there are quite a number of full scholarships which are most coveted among students. For example, merit-based academic scholarships are awarded on high school GPAs, SAT scores, community service experience etc. Some scholarships are awarded in order to ensure that students attend a college within a geographical area. Some scholarships are awarded to students who will work on the college newspaper or play for the particular university a sport that the student excels at. Most full scholarship holders need to commit to fulfilling certain obligations during their undergraduate career. Regardless of the stringency of criteria, winning such a full ride scholarship is extremely beneficial, considering the boost it provides to deserving students to pursue their future career paths.
> 60 days ago

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