Financial Aid and Scholarships

<p>When Elon gives you a scholarship (say honors $19,500) do they subtract that from financial aid or add it on? </p>

<p>1)
Fin Aid: 20,000
Scholarship: 19,500
Result: 500 in financial aid +19,500 = 20,000 total</p>

<p>2)
Fin Aid: 20,000
Scholarship: 19,500
Result: 19,500 + 20,000 = 39,500 total award</p>

<p>Which one?</p>