<p>In my D's financial aid award in Spring 2013, the letter indicated her offer had no loan component freshman year, but this would increase to a $1000 loan component sophomore year and $2000 each of junior and senior years. My questions are:</p>
<p>1) Was this a Bloomberg Scholarship? It was not indicated as such.
2) Are the amounts of grant-instead-of-loan ever different than above?
3) What percent of the admitted class that need aid get offered this?</p>
<p>"Bloomberg Scholarship: Bloomberg Scholarships were made possible through a generous gift from Michael Bloomberg, Hopkins alumnus (Engineering '64) and chairman of the Board of Trustees. Students who receive this highly competitive need-based scholarship will not be required to borrow. The scholarship is renewable for up to three additional years based on continued financial need."</p>