Finance at Hopkins (Qs for current students)

Colleges and Universities A-Z Johns Hopkins University
1

<p>Does, generally, the amount of aid/grant that Hopkins offers remain the same (considering that your family's economical situation will remain pretty much the same in the next 3 years?) Has it ever happened to someone that you know of at Hopkins that his/her financial aid got reduced to a lowly level at their sophomore/junior/senior yr? </p>

<p>Also, I have heard the rumor that Hopkins begins to take off their grant amount from the outside scholarships that we report it to. Or if the outside scholarship is like those ones that directly mail the check to the university, then Hopkins automatically adjusts its grant (that is to say that it reduces its grant offered and adjusts that reduced amount to the level of the scholarship). Is this true? </p>

<p>So if I were to get an outside scholarship of 6,000 dollars that was concurrent for my rest of the 3 years (it'd pay me 6,000 every year), and that scholarship sent the check to Hopkins directly... would Hopkins reduce my amount of financial aid? Would it do so in my freshman year and adjust the money in any way? What I am trying to get at... basically... is this: Can, at any time, our money that is sent to the Financial aid for us (from the scholarships or otherwise from the state grants) exceed the amount that we owe Hopkins, whether that owed amount is from federal work study or tuition?</p>

<p>Please answer!</p>

2

<p>I am just worried if that money will be reimbursed to my student account or not.</p>

3

<p>Call the school. They will give you the answer you are looking for. This message board is not reliable for this sort of information. GL!</p>

4

<p>Wealth, I had no luck with the school :(</p>

5

<p>Anyone? 10char</p>

6

<p>In regards to the first question you asked: yes, generally the school gives you the same amount every year. While you do have to reapply every year, Hopkins will make adjustments to your aid package if there are drastic differences in family income. AKA if your family’s income goes down or you have another sibling that is going to college, Hopkins will increase your financial aid package.</p>

7

<p>“Does, generally, the amount of aid/grant that Hopkins offers remain the same (considering that your family’s economical situation will remain pretty much the same in the next 3 years?) Has it ever happened to someone that you know of at Hopkins that his/her financial aid got reduced to a lowly level at their sophomore/junior/senior yr?”</p>

<p>If your situation stays the same, you will probably receive the same award or about the same award. If, say, you have an older sibling who leaves college, less aid. A younger sibling who enters, more aid. </p>

<p>I had to pay 16k/17k last year, but financial aid told me I should expect an EFC of 22k - 26k for next year. But I’m an odd one in that I married (and JHU counts me now as a dependent of BOTH my parents and my husband).</p>

<p>“Also, I have heard the rumor that Hopkins begins to take off their grant amount from the outside scholarships that we report it to. Or if the outside scholarship is like those ones that directly mail the check to the university, then Hopkins automatically adjusts its grant (that is to say that it reduces its grant offered and adjusts that reduced amount to the level of the scholarship). Is this true?”</p>

<p>I received a small scholarship and JHU asked me if I wanted to reduce my work-study or my loans. I don’t think they’ll touch your grant until after that.</p>

<p>Does that answer all of your questions?</p>

<p>The financial aid office is difficult to talk to through email. I have been having a rough time communicating with people via email (contacting professors, housing, financial aid, advisors, etc.). I’ll send out these emails with clear questions, and people will respond with vague answers that don’t actually tell me anything. </p>

<p>If you need an answer, I’d say go see aid in person or talk to the person on the phone. Refuse to talk to the secretary because she’s unhelpful, or at least was unhelpful to me.</p>

8

<p>Thank you! I had no luck with email, so I guess talking in-person seems the best option.</p>

<p>At the same time, it is plainly disheartening to see Hopkins’ policy on outside scholarships. Tell me about another school that has such a harsh policy on something that you have earned and deserve to claim.</p>

<p>I was thinking that outside scholarships would directly be credited to my J-card on my request for reimbursement. I am guessing that’s not true? How do reimbursement work on J-cards?</p>

9

<p>I’ve been trying to communicate via email for a while as well. To be honest, I feel a little desperate with my financial situation, and I feel like, at least through email, financial aid is unsympathetic. I’ll see what they’re like in person and comment back maybe.</p>

<p>Well, JHU asked if I wanted to reduce my personal student loan of $3,500 or reduce work-study. I am not sure if there was another option; there might have been.</p>

<p>I have no idea about reimbursement.</p>

10

<p>I got all but 2k in financial aid from Hopkins but I’m looking at several thousand in outside scholarships, so I had one of my counselors at my school call them and here is how we were toldit works: the money received th FIRST year that exceeds your cost of attendance will be reimbursed to you after all of your loans have been eliminated. Any money you receive in the subsequent years cannot cover the 2k from a work study and if it still exceeds your estimated cost of attendance they will reduce your award. Hope that helps! (btw we called and talked with the deputy head of the finaid, just have a counselor at your school call on your behalf and ask about their policy)</p>

11

<p>^ Thanks! Well, I know a person who is like you (got awarded the same aid) but he does not have any loans that were stated on his financial aid offer. When the aid estimate was received in the official decision letter, they did mention something (in my and, I guess, everyone else’s estimate) about taking out loans after freshman year. So, does this means that they will subtract that future loan amount from our rewarded outside scholarships? </p>

<p>And I take it from you that they don’t cut off the 2k from work study of our freshman year from the scholarships too?</p>