I don't think I need FinAid any longer

<p>I recently received notice of possible, and I stress possible, full tuition to my college of choice. As I did not have this information early on, prior to ED/EA application, I checked the boxes for needing Financial Aid, I also submitted FAFSA and preliminary CSS profile. My question is do I need to inform the colleges I applied to of this fact as the scholarship is contingent on finishing hs without a major bump and passing fitness test. Also, if I in fact receive the full tuition scholarship do I still have to complete the 2010 CSS/FAFSA?
Thanks</p>

<p>You don’t need to inform them at this point in time. Once you actually have the scholarship for sure then inform them. You should go ahead and complete the FA applications. There are a lot of other costs included in the COA other than tuition (books, room and board etc). At some schools these costs may exceed the tuition costs. You may be eligible for aid toward these costs.</p>

<p>Thank you for the quick reply.</p>

<p>Swimcat is right.</p>

<p>And…since this sounds like a “tuition scholarship”…what about the other costs (room, board, books, etc). Do you need aid for any of that?</p>

<p>Leave everything alone. As you said, you’re not assured of this scholarship anyway.</p>

<p>*full tuition to my college of choice. *</p>

<p>What scholarship is this? Are you certain that it will cover tuition at a private college?</p>

<p>Rotc scolarship 4 yr</p>

<p>And not to say it will happen, but some campus’ have an ROTC wash out rate that is pretty high. You should have all forms for FA in, just in case. I have heard that some schools require filing first year if you ever think you may need FA.</p>

<p>The only requirement is that once you decide to attend a certain college, you must let them know of any outside scholarships that have actually been awarded to you. You are under no obligation to notify a college of a likely scholarship.</p>

<p>However, if you still want to apply to other colleges, and if a full scholarship comes through that eliminates the need for financial aid at those colleges, you should notify those colleges. That is because: 1) it may help your chances of admission, particularly since most colleges are not truly need-blind, and 2) they can offer that financial aid in a timely manner to someone else who needs it.</p>

<p>BTW, ROTC scholarships are not considered FA any more (part of the last GI Bill a couple of years ago) which means it does not affect your ability to receive any federal scholarships/loans based upon FAFSA. </p>

<p>I agree that you should continue on with the FA application, as your daughter is one illness/injury away from losing the ROTC scholarship (still have to pass DoDMERB and APFT) , so you should always pursue the backup plan of conventional FA.</p>