* Outside scholarships are considered a financial aid resource and must be added to a student's financial aid award. The Office of Financial Aid first applies the outside scholarship to a student's unmet need that is not already covered by financial aid. In some cases, loans not based on financial need may be reduced (private loans, Federal Unsubsidized Loans, Federal PLUS Loans, Graduate PLUS) in order to accommodate the addition of an outside scholarship. If the student's need is already met by need-based aid, then that aid is replaced with the outside scholarship. Need-based loans are first replaced. If the outside scholarship exceeds the loan amounts, work-study and need-based grants are the next to be replaced. In most cases it is not necessary to reduce an NYU scholarship. Total aid (including outside assistance) cannot exceed the cost of attendance.