Outside Aid
Students may receive educational financial assistance from a variety of sources. Federal regulations requires that if a student receives the award because of post-secondary enrollment (for example, a scholarship from a local social club that requires a student to be attending a post-secondary school), it counts as estimated financial assistance when determining a student’s overall financial aid eligibility. Estimated financial assistance includes any educational benefits paid because of enrollment in post-secondary education. This includes but may not be limited to Federal grants and loans, institutional grants and scholarships, State financial aid programs, outside scholarships, employer reimbursement of employee’s tuition, waivers of tuition, federal work study funds, assistant-ships, AmeriCorps funds (except when packaging Direct Subsidized loans) and private student loans.