<p>I am an incoming freshman for the fall semester.
I recently received a $2000 scholarship.
I know that you suppose to report it,
but just wondering, would that reduce the grant that they already give me?
And what would happen to me if I do not report it?</p>
<p>I was told they reduce your self help first, then loans, then grants lastly.</p>
<p>So no, I doubt it reduces Grants. And whether you report it or not they will know since most scholarships are made out to the school, unless yours was made out to you in which case you can just cash it.</p>
<p>ok, thanks for your reply!!!</p>