<p>Curious if anyone knows the answer....if a student gets the Presidential scholarship, and then also gets 1 or 2 smaller outside scholarships, is the Presidential award reduced by the amount of the outside scholarships? </p>
<p>I'm sure you can't receive more more than your total qualified educational expenses, as you would profit that way. But can you get up to your cost of attendance without any reduction? Thanks!</p>
<p>I just answered my own question at
<a href=“http://www.financialaid.umd.edu/policies/2013_2014/scholarships/2013-2014_Presidents_Policy.pdf”>http://www.financialaid.umd.edu/policies/2013_2014/scholarships/2013-2014_Presidents_Policy.pdf</a></p>
<p>The award will not be reduced as long as total funds received from all sources do not exceed the total cost of attendance, which for this year was $23,732 in-state. This amount includes subjective costs like transportation and personal expenses.</p>
<p>Receipt of More Than One Award</p>
<p>The student must report all aid he/she expects to receive including but not limited to: employer
tuition benefits, Resident Assistant benefits, UM tuition waivers, and private scholarships. The
total of all aid a student receives cannot exceed the Cost of Attendance as outlined above. Should
a student receive funds in excess of the Cost of Attendance, as determined by OSFA, his/her
President’s Scholarship will be reduced. A President’s Scholar who also serves as a Resident
Assistant (RA) will receive a reduced President’s Scholarship as the room and board charges will
be offset from his/her Cost of Attendance. Please note: OSFA reserves the right to reduce a
student’s President’s Scholarship at any time if it is discovered that he/she received additional
funding in excess of the Cost of Attendance.</p>
<p>This is very helpful, marylandhome. Thank you for your research. It makes UMD even more likely now.</p>