While scholarships are based on merit and academic achievement, they are still considered part of your financial aid package. They are counted towards your overall package along with grants, work-study, and loans. Federal and state financial aid programs require that students not receive financial aid in excess of one's cost of attendance. Need based aid, (such as grants and subsidized loans) also must remain within a student's financial need as determined by the FAFSA.

If you are awarded a scholarship, waiver, and/or tuition exemption and you are or will be receiving financial aid through The University of Texas at Austin, you must notify your financial aid counselor (either by e-mail, phone, or in person at our office) of your award. Your counselor will help determine if the award necessitates a revision of your financial aid package.