<p>Since your son is on financial aid here is a word of warning about scholarships.</p>
<p>You are required to disclose to the university if you have received outside scholarships. If your family is receiving loans the amount of the outside scholarship will be deducted from the loan first and the financial aid second.</p>
<p>So, if your S applies for scholarships it will only reduce the amount of monies that are received from the school.</p>
<p>It was a big shock to our family when this happened to us. We had no idea the outside scholarships our D earned just reduced the amount of funds the school gave us!</p>