A student receives a $5,000 external scholarship after their initial financial aid package from the university is awarded. The university's scholarship stacking policy dictates that external scholarships will first reduce self-help aid before affecting institutional grants. How will this scholarship most likely impact the student's existing financial aid offer?
✓ Correct Answer: Option B
University scholarship stacking policies outline how external scholarships are applied. Often, self-help aid (loans, work-study) is reduced first before institutional grants are impacted, helping students minimize debt while still benefiting from their scholarships.