Merit Scholarships and ED

<p>If I apply ED my merit scholarship money wouldn't go down right?</p>

<p>like say if I had the grades to get a 15k scholarship and I apply ED, that 15k wouldn't go down to 10k would it? </p>

<p>thanks!</p>

<p>anyone know...?</p>

<p>Why would it go down?</p>

<p>because I know that if the college already has you locked in (accepted you from ED) then wouldn't give you as much aid as they would have if you didn't ED them</p>

<p>so I was wondering if they cut down merit scholarships as well</p>

<p>You might not even get a merit scholarship if you apply ED, because they already have you locked in, so they don't need to further persuade you to come to their school by giving you a merit scholarship. That is why if a person knows that they cannot afford a college without lots of financial aid or a merit scholarship, then they shouldn't apply to that particular school ED round. Atleast that is what I've been told...I'm not sure how financial aid is affected by this,though.</p>

<p>Oh so they don't even have to give you merit scholarships? </p>

<p>I kinda thought they had to .. woops</p>

<p>Only if you are national merit semifinalist??? (or maybe it's national merit finalist) and you designate it as your first choice school, but it has to be a school that actually does offer scholarships to for the national merit finalist??/national merit semi-finalists.</p>