When it comes to paying for college, common wisdom says to apply for as much financial aid as you possibly can. This includes scholarships and grants that come from institutions and government agencies, and private scholarships, too.
Unfortunately, colleges and universities have policies that can rob students of aid they may have spent weeks or months pursuing on their own. They do this through something called “scholarship displacement,” which reduces aid awards based on outside scholarships a student receives.
To understand scholarship displacement , education attorney Dr. Gregory J. Vincent of Vincent Strategies says to imagine a student…
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