Outside Scholarships & Resources from Non-Governmental Sources

Many local, regional, and national organizations sponsor scholarship programs for college students. Students must report all such outside scholarships and resources to the Financial Aid Office. 

If you’ve received funds from organizations outside of Davidson College to help pay your bill, there are some specific things you’ll need to know about notifying Davidson and how it will affect your aid. This video details the requirements and rules of outside resources at Davidson College.

Typically, the combination of federal, state, and Davidson financial aid, together with any outside scholarships and resources, will not be allowed to exceed a student’s total Cost of Attendance (COA). Outside funds first reduce the Student Employment award, then the Expected Family Contribution; then, if all outside resources together exceed $5,000 for the year, or if Student Employment and Expected Family Contribution have both been fully replaced, aid awarded from Davidson will be reduced as well. This treatment will be applied in any year in which the scholarship or resource is renewed and the student is receiving financial aid from Davidson.

In all cases, as soon as possible after they are notified of their outside award, enrolled students must complete and submit Davidson’s Outside Resource Notification Form for the relevant aid year, so award adjustments may be made as needed. The Outside Resource Notification Form can be found on our Financial Aid Forms page.  Please be sure to complete the correct year's form, as a new form must be submitted for each academic year in which an outside resource will be received.