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Posted inCollege Beat

Universities can’t yank financial aid from students who get private scholarships, new law says

California colleges often reduce financial aid to students when they earn private grants, a practice known as scholarship displacement. Students say it’s unfair to lose funds they’ve worked hard for and need to pay for soaring living costs. This year, the state agreed, and banned the practice for low-income students starting in the 2023-24 academic year.