No student may receive more than the equivalent of a full tuition stipend in an Austin College merit-based award. For a student on financial assistance, a merit award may replace in whole or in part a need-based grant or loan. Because they are all based on multiple criteria Austin College awards students only the largest scholarship for which they qualify, with one exception.
Many students receive scholarship or grant assistance from outside sources.
If a student, however, is receiving need-based forms of financial aid, his or her comprehensive aid package must be modified to accommodate the receipt of outside scholarship support according to federal policy. Current Austin College students who are awarded departmental or other special scholarships will have 50 percent of these funds used to replace need-based institutional aid. The Financial Aid Office is located in Wortham Center . Financial aid at Austin College is awarded on the basis of need and merit without regard to sex, race, religion, age, veteran status, ethnic or national origin, or handicap. Office of Financial Aid 900 N. Grand Ave.