I will be a freshman at a state university next school year, and have received lots of grant money and a $1000 third-party scholarship from a law firm in my hometown. The university financial services office says I must report all of my third-party scholarships to their office, b/c the university will start reducing my grants and work-study if I have third-party scholarships.
I do not intend on reporting this $1000 third-party scholarship b/c the attorney (scholarship donar) just handed me a check. i.e. the scholarship is NOT going thru the university's financial services office.
Also, I am reporting a different $500 third-party scholarship to the financial services office b/c this scholarship donar is sending the money directly to the financial services office. (Therefore, the university would know for sure if I tried to hide this $500 scholarship from the university's knowledge bank!)
The univ says that failing to report 3rd party scholarships may result in lost grants.
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