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How will outside sources of assistance affect my financial aid package?

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How will outside sources of assistance affect my financial aid package?

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Historically, many Vanderbilt students have been very successful in obtaining outside scholarships/sources of assistance. These outside scholarships/sources of assistance must be taken into account as part of a student’s total need-based aid package and cannot be counted as part of the Expected Family Contribution (EFC). If an adjustment to a need-based financial aid package is necessary, the outside scholarship will be used first to replace a student’s earnings expectation before reducing Vanderbilt need-based assistance.

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