The Financial Aid Office reviews all undergraduate staff appointments for possible overlap between RA compensation and financial support from other sources. Every effort will be made to maintain the scholarship component of the package at its existing level, but in no case can the combination of residence staff compensation, financial aid from all sources, and other resources exceed the student's computed need. Students who receive athletic grants are subject to special restrictions imposed by various intercollegiate conferences as to the amount of additional aid that may be obtained. Any student receiving an athletic grant must obtain approval from the athletic department before being eligible for compensation as a residence staff member. The following information on financial aid policies and practices is offered to help clarify how RA support may affect financial aid.
Policies are subject to revision at institutional discretion.
The practice at Stanford is to meet the computed financial need, using Institutional Methodology to determine the expected parent and student contributions, of applicants who apply for financial assistance on time. Each year the student and his or her family must resubmit application information to determine eligibility. If family circumstances reflected on the application such as income, assets, family size, number of siblings in college, etc., change from one year to another, the computed need and eligibility for aid support may change. In packaging financial aid it is Stanford's practice to use self-help first to meet need. If, however, an applicant has need in excess of his or her standard self-help expectation, the University awards scholarship dollars to meet the remaining need.