I understand that both merit and talent money are renewable for four years, dependent upon grades. One school has also offered a "university grant", which I think is FAFSA based, relative to income. 2016-17 is the only year we will have two kids in college (never had a means-based grant before as EFC has been high). My question is, will the university grant disappear after year one? Also, we've applied for some outside scholarships--if we get them, will that "grant" be reduced by the amount of the outside scholarships? Would we be better off trying to negotiate a higher talent award, even if it reduces the university grant?
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