Outside Scholarship Policy

<p>Hi all! I was given 47k in NYU scholarships and Federal money ("gift money"- stuff I don't have to pay back) and nyu is offering that I take out 21k in federal loans a year. </p>

<p>I also applied for outside scholarships and I was just wondering if I were awarded an outside scholarship, would nyu give me less "gift money" and still expect me to take out 21k in loans? Or would any scholarship money I receive go towards reducing that 21k?</p>

<p>Thank you for your help!</p>

<p>I think that if NYU didn’t meet your full need then that outside scholarship would count towards reducing the $21k. If not the case then your aid might be reduced.</p>

<p>Source: My NYU representative encouraged me to find additional scholarships as NYU didn’t meet my full need</p>