Scholarships?
- Thread starter Mcjlt
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bookreader
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- Feb 5, 2015
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Yes, as stated above, you can use it toward the deposit. We did this with a scholarship that my son received.
It depends. If it is an unrestricted scholarship, then it can be sent to USMA, and applied to your son's account, which will reduce either the amount he needs to deposit prior to R-Day, or reduce the amount they take out of his monthly pay. However, some scholarships mandate that they must be used for tuition or room and board. Your son will have no costs associated with either tuition or R&B, and thus West Point will not accept those scholarships. My son received several local or community based scholarships, and he was pretty stoked. However one, which I think was for $1500, was limited to be used only at a Michigan school. He had to give it back, so make sure your son is applying for scholarships he will be able to use. It is a pretty nice deal when you get them. We put $2000 deposit in our sons account, and in light of what we don't have to pay for his college we were delighted to do it. The scholarships he was able to use though allowed him to get a larger net from his monthly pay. Most of the local scholarships in my community are non-restricted. But that is not always the case, so check.
Thanks for the advice, yes I don't want to apply for any scholarships he can't use. I also feel that there are so many more kids who NEED scholarships so my son hasn't applied for any others so that other kids can have that chance. This one, however, he is the only qualified letter winner and I hate for no one to receive it.
Its a no-brainer to apply for the scholarship, or any and all he is eligible for. Just because he is at West Point doesnt mean he is less worthy than someone else. Indeed, I would argue that he is more worthy. Let whoever is deciding who gets the money worry about who is most worthy. Trust me, your son will want every bit of extra money he can get in his account. And I am certain he has earned everything he will get. I don't think Bernie Sanders frequents this forum. LOL