Just won a full tuition...but somethings bothering me...

Paying for College
1

<p>Right...so I just received a letter saying I'm a Distinguished Freshman Scholarship winner of MSU's Alumni Distinguished Scholarship competition...basically it means full tuition for me, which is great...but in the contract I have to sign to receive this scholarship it says...</p>

<p>"...In addition, this award may supersede any other MSU scholarship not based on need..."</p>

<p>ive won a few other merit based scholarships from msu...does that line mean that they can just cancel all my other awards...or what??</p>

2

<p>Yes, I think they will cancel the other awards. A lot of colleges only give you the highest scholarship amount you won. These colleges have maximum awards, and you can't get more than that. I know... It really sucks.</p>

3

<p>You have full tuition...that is TERRIFIC. Remember that scholarships covering room and board are considered taxable income.</p>

4

<p>Congratulations! That's awesome - however - reflect on it for while, are there any other terms?</p>

5

<p>Congratulations and keep one thing in mind. You can not and should not make (pocket extra) money on merit scholarships.</p>

6

<p>"Congratulations and keep one thing in mind. You can not and should not make (pocket extra) money on merit scholarships."</p>

<p>Can't he/she still get outside private scholarships to cover room, board, textbooks, and other expenses?</p>

7

<p>Congrats, gumba, that's excellent. Your Distinguished Freshman Award is the 2nd runner-up to the 15 full ADS awards which means it covers everything, for 4 years, accept room & board (as the top awards do) – still pretty darn good!... And people here are correct: by accepting it, you must renounce any other award for attending Michigan State, whether it's sponsored by the University or not. Either way, it's a great achievement on your part.</p>