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WebJul 18, 2024 · Article Highlights. Private scholarships over $300 may reduce your financial aid package. Scholarships and grants (gift aid) are considered financial aid that does not have to be paid back. Scholarships may be awarded from both the college you attend as well as private companies or organizations. Students and families who are eager to … WebMerit scholarships and need-based financial aid have separate application processes. You can learn more about the need-based financial aid process on our Financial Aid website . Students applying for merit scholarships offered by the Office of Admission do not need to submit need-based financial aid applications to be considered. browning bps field micro midas
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