Adding Private Scholarships to financial aid

<p>When I'm adding my scholarship to my financial aid profile, how do I put the amount in? It has 2 boxes: 1 for fall, 1 for spring, 1 for summer. If I received a private $3000 scholarship, and am attending fall and spring 2010-2011, do I put $1500 in each of the fall and spring boxes, or do I put the full $3000 in the fall box? Thanks!</p>

<p>Since you received all 3000 at once, you just put that toward the first semester you’ll be attending. They’ll reduce the amount of loans and grants by 3000 (or more since for whatever reason they took away an additional $2 from me for having a scholarship) for that semester and give you whatever is left.</p>

<p>They won’t necessarily reduce the amount you get from grants/loans. I received a 2k & 1k scholarship for Fall and mine wasn’t reduced because of my EFC/Financial Circumstances.</p>

<p>^ They are required to reduce all of your grants by the amount you receive in private scholarship money (at least that’s what they claimed on the phone) except for your pell grant since that’s a federal award and not an institutional one, but I don’t really know what the circumstances are for the loans.</p>

<p>…so far so good, it’s been almost 24 hours and no changes yet! Will cross my fingers :)</p>

<p>Okay, so I won another scholarship, this time for $1000, and the only amount left in the “loans” for fall semester is $973 (each time I added a private scholarship, loan amounts went down.) Should I apply this new scholarship to the spring semester, since I already have money for the fall semester? I have a total of $2750 left of “loans” in my spring semester slot, but I’m not going to use the loans anyway. I just want to even out the scholarship money for each semester…so do I put the new scholarship in my fall or spring slot now? Does it even matter where I put it?! Thanks!</p>

<p>You need to call. You are suppose to put it in the term it is disbursed. If the check is issued for the total amount in the fall, you list it for fall. Some scholarships are awarded after the first term of college–read the fine print, and some larger ones are disbursed to state U’s 1/2 fall and 1/2 spring. But call to check.</p>

<p>The checks I have are just to the university–no particular term. I just don’t want to miss out on money by putting it in my fall semester, when I can put it in my spring…</p>

<p>If you have the checks in hand, you would be wise to get them deposited by FSU. Some might not be honored after a certain date. If you hold onto them, and then they are not good, you will have to go through a lot to get a replacement check. </p>

<p>You need to call and ask if they go into your account can you hold off and have some applied for spring… </p>

<p>What ever you do, sent them to FSU and get them deposited.</p>

<p>Am I supposed to send them now? I had no idea! :stuck_out_tongue: I will e-mail them and ask. Do you have any idea of what happens if I have more scholarship money than is needed for a year? Will it roll on to the next year?</p>

<p>^ If you have more money than is needed, you get the rest deposited into your suntrust account or in a check.</p>

<p>That sounds…awesome :o</p>

<p>If you have enough FA, you can “charge” books, and use extra to pay for a meal plan. Once you have paid for everything you want to via your FSU card, etc, yes you will get a check for the balance or have it deposited into your Suntrust accout if you designate that on secure apps.</p>