High school recipient of $40K scholarship asks that it be given to a community college student

"I am so very grateful for this. But I also know that I am not the one who needs this the most," Verda Tetteh, 17, said during the Fitchburg High School graduation ceremony on Friday. The crowd, made up of her fellow classmates, their families, teachers and school administrators, applauded and cheered Tetteh after she made her announcement.

           

https://www.facebook.com/cnn/posts/10162062156591509

Sweet. Did you know private scholarships are worthless at universities that meet 100% of your financial need such as Harvard. If Harvard determines that your family can afford to pay $15,000 a year they will give you say $55,,000 in financial aid to cover everything except that $15k and you would have to find a way to get that $15, 000. If you manage to secure an outside scholarship of $10,000 then guess what Harvard says your family can afford to pay $15,000 so we’re going to give you only $40,090 in aid now because you got an outside $10,000 and you can still afford to pay your own $15 ,000. That’s how it works now. Unless you do not qualify for any financial aid, private scholarships will not reduce your out of pocket expense. Beverly notice I said private scholarships and how it relates to financial aid. If your child received a full academic scholarship that is an entirely different situation as there is no financial need.


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