<p>What happens if we bring in an outside scholarship? I hear that at a lot of schools, if you have say a $5000 outside scholarship and your school finaid package is 10k, you might as well have nothing. Until you get over 10k, the outside scholarships don't even count. Is this true of JHU?</p>
<p>Hopkins does not deduct outside scholarships from finacial aid unless the sum of the outside scholarship and your finacial aid exceeds the cost of attendence. If this happens loans are reduced before grant aid.</p>
<p>Basicly, Hopkins does not penalize you for recieving outside aid.</p>
<p>I actually believe I read in my packet that they only deduct scholarships if the total equals more than your EFC. So it is very possible that they will deduct. Maybe Admissions Daniel or a more reputable source can clear this up.</p>
<p>I hope this helps...directly from the Financial Aid website:</p>
<p>"We encourage students to locate outside scholarships from private organizations, as they are an additional source of aid. Hopkins offers several free online scholarship search services which may be accessed through Hopkins' financial aid homepage at <a href="http://www.jhu.edu/finaid/prosp_stud_scholar3.html%5B/url%5D">http://www.jhu.edu/finaid/prosp_stud_scholar3.html</a>. Students who receive private scholarships may have the need to borrow or work reduced. There will be no reduction in Hopkins need-based grants, Hopkins Grants, and Hopkins-funded merit-based scholarships unless your total financial aid package exceeds the cost of attendance. It is to your advantage to obtain outside scholarships.</p>
<p>Students who receive government and entitlement grants (i.e., Federal Pell Grants, state scholarships, Byrd Scholarships, and employer tuition benefits) or a distribution from prepaid state programs that were not included in their original financial aid package will have the amount of their Hopkins Grant adjusted by the full amount of the outside grant. For example, a student who receives a Federal Pell Grant of $500 will have his or her Hopkins Grant adjusted by $500. The total amount of financial aid will remain the same. Any exceptions to this policy must be discussed with your financial aid advisor."</p>
<p>Bill<em>h</em>pike is right that Hopkins aid policies do not penalize students for obtaining outside aid -- it is actually encouraged.</p>
<p>AdmissionsDaniel,
At JHU, outside private scholarship may reduce student loans or work study only for Freshman but not for returning students. The information at
<a href="http://www.jhu.edu/finaid/return_stud_scholar3.html%5B/url%5D">http://www.jhu.edu/finaid/return_stud_scholar3.html</a>
is incorrect and misleading. I really hope JHU do not penalize students for obtaining outside aid like you said. Most elite schools now allow outside private scholarship to reduce student loans or work study for 4 years.</p>
<p>JHU provided me with WONDERFUL aid... absolutely no loans or anything...</p>
<p>AdmissionsDaniel, can my parents bargain for more money with JHU finaid? I got a significantly larger package from another comparable school and even got more need aid from schools that cost 15k less.</p>