Federal regulations and Bucknell policy stipulate that the total gift aid from any source (grants, scholarships, stipends, educational awards, tuition benefits, VA benefits and any other funding for educational expenses that is free money and not required to be repaid) cannot exceed Bucknell's cost of attendance. Included in our cost of attendance are tuition, a student activity fee, housing, a meal plan, and allowances for books, supplies and incidentals. If this cost is reached with total gift aid, Bucknell aid (need-based and/or merit-based) will be reduced dollar for dollar to prevent an award surplus. Based on actual determined financial need, federal/state/other aid may need to be adjusted as well.
Our goal is to maximize gift aid (grants and scholarships) as much as possible while adhering to Bucknell's total gift aid policy as well as federal and state financial aid regulations.