<p>I've been reviewing my financial aid award from NYU for the past few minutes, and I noticed that I "must notify the Office of financial aid if * expect to receive aid that is not listed above...[including] outside scholarships".</p>
<p>I haven't received a great deal of this outside scholarships, but I did win one of the $2500 National Merit scholarships and I've applied for a number of local scholarships through my school district. Of those, some are simply a cash award but a few are awarded through direct payment to the university.</p>
<p>Does anyone know if informing NYU about smallish awards like this (with the NMSC scholarship definitely being the largest one) will affect my NYU award much? I was given $20,000 in the form of a "Stern Scholarship" and was offered $4000 in work study and about $32,500 in combined Stafford and PLUS loans. I'm not so worried about loan eligibility, but the merit money is pretty important to me, especially if it's renewable.</p>