Outside Aid Policy
Presidential Scholarships, Fordham Scholarships for Semifinalists and Excellence in Theatre Scholarships are reduced by any other tuition-specific resources. The total of all tuition-specific aid, internal and external, may not exceed Fordham's tuition charges. These scholarships are adjusted for one-half of other non-tuition specific outside scholarships and resources.
Otherwise, outside scholarships are first applied to any unmet need remaining as calculated by the Office of Student Financial Services. If there is no unmet need, awards are reduced on a dollar for dollar basis in the following order: Federal Direct Subsidized Loan, Perkins Loan, College Work Study, University Grants.