You are required to notify the Financial Aid Office of all such aid received from any source. Since your financial aid package is based on information from the previous tax year, changes in the financial status of your family may also affect your financial aid. Therefore, Concordia must retain the right to revise your aid package if other resources become available. Likewise, Concordia will increase your aid package if circumstances merit the increase and if funds are still available. Scholarships and Grants Scholarships, prizes and awards are given to recognize outstanding achievements and provide assistance based on financial need.
Grants provide financial assistance.
Grant funds are outright gifts and need not be repaid. The amount awarded is based upon need determined by the federal needs-analysis formula. The college holds this information in confidence. A complete list of scholarships and awards can be found in the appendix. Concordia scholarships are awarded on the basis of academic achievement and financial need.