Reporting Private
Scholarship(s), State Grant or Employee Tuition Benefit
Wesleyan
University Outside Scholarship Policy:
Outside
scholarships and grants, including tuition remission benefits received as
a result of a parent’s employment, are required by federal regulation to
be considered a part of the financial aid award. Since Wesleyan’s policy
is to meet the full financial need of a student, when Wesleyan becomes
aware of outside scholarships, the student's aid award must be adjusted so
that the total aid does not exceed need.
The University acknowledges the achievement of winners of merit-based
outside scholarships by reducing self-help (loans or employment) dollar
for dollar. Usually loans are decreased first,
but at the student's request, Federal Work-Study may be reduced first.
Merit based scholarships in excess of self-help will reduce Wesleyan
gift-aid.
Awards not based on merit (such as employer tuition benefits) will reduce
self-help only by the first $1500. All amounts over $1500 reduce Wesleyan
gift-aid.
State grants will reduce
Wesleyan gift-aid dollar for dollar.