ed acceptance rate

<p>Yes
Lets say you get a lot of scholarship money, say $10 grand.</p>

<p>First, they reduce they reduce "work study" aid and the student summer contribution. (-3000)</p>

<p>Then, it replaces Princeton's financial aid. (-7000)</p>

<p>Your parents will have to pay the same amount before scholarships as they would after scholarships.</p>

<p>So that $34 grand of financial aid goes down to about $27 grand.</p>

<p>You should read the packet on financial aid they gave us. It outlines their rules and crap for scholarship money, loans, etc.</p>

<p>I don't think that's 100% true. If that were the case, Princeton kids wouldn't be applying for scholarships. But they do.</p>

<p>I'm quoting from the handout they gave me.</p>

<p>External Scholarships
Other Outside Scholarships: If you are awarded non-government outside scholarships, first your term-time job, then your summer savings expectation, will be reduced by the amount of the awards. Once these work expectations are eliminated, any additional outside scholarships will replace your Princeton grant.</p>

<p>Hmm that sucks big time.</p>

<p>Haha, hobbes you're really startin to grow on me. First the 2pac shoutout, now the excellent use of "poor mofo". You're goin to princeton, eh? Might have to give that school a little more consideration if i can expect urban folk like yourself.</p>

<p>He's from alaska dude :)</p>

<p>Hey man, Alaska's got ghettos too....ok well i really dont know if that's true or not, but it sounded like a good comeback. haha</p>

<p>hobbes is also oriental (im thinking korean, but could be chinese or japanese)</p>

<p>he's Korean on the outside, but on the inside...well, we all know :p</p>