<p>H'okay. So does this designation follow you throughout your years at Swarthmore? Does this mean that I'll never have any loans from Swat, or is that only for my first year?</p>
<p>Should I expect to get loans on next year's finaid package, even if my family situation remains the same?</p>
<p>This is me looking towards the future.</p>
<p>Please confirm this with the Financial Aid office, but my understanding is that the Swarthmore Scholars deal is loan-free for all four years. It is need-based, so if you guys hit the state lottery, your total financial aid package will go down. However, whatever package you qualify for will be loan-free for the duration. Swarthmore is not known for "bait and switch" fiancial aid -- offering an attractive package in the first year and then jacking up your contribution later on.</p>