S is very fortunate to be a recipient of a Benacquisto scholarship. We are in state, if that matters. He have applied for several outside scholarships (some of which are pretty large and/or multiyear). How do outside scholarships work with the Benacquisto scholarship?
Your S will be refunded the extra money into his bank account. But he will also have to pay taxes on that money. Benacquisto is a beautiful thing.
My D’s guidance counselor was unaware of this scholarship (Benacquisto nor the FIS). My D has been offered a NMS scholarship to UF. We are instate. Will she automatically receive the Benacquisto? Is it tied to need or does everyone who accepts the NMS scholarship receive it? I’ve read all of the links describing it, but it says she’s “eligible”. Just trying to get some clarification on this and when it actually occurs. Thanks for any help!
@rtwmom - UF waits for the National Merit list to award the Benacquisto. If your daughter is attending then she needs to designate UF as her first choice school. After UF is notified, the award will show in her Financial Aid.
I emailed UF to ask when Benacquisto would be added to my financial aid letter. They said that they’d begun communications with the state, and that it should be posted by the end of the month. It is also not tied to need.
Hope this helps.
Thank you to both of you @melissa96 and @mitrak. She did list UF as her first choice and has the UF scholarship offer, but not the Benacquisto showing on her Financial Aid site. Hopefully it will show up at the end of the month!
It took a while to show up on my daughter’s but it will show up!