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Old 04-12-2008, 08:50 AM   #256
ethanrt
Junior Member
 
Join Date: Sep 2007
Location: Connecticut
Gender: Male
Threads: 7
Posts: 152
Tlesc1: Apparently, the "problem" is that my parents have about $35k in investments, which probably also made UChicago give me a pretty bad estimate. Obviously if we have over $200k in loans, the idea of the $35k is to allow it to generate as much return as possible and then pay off more loans with it at the right time - but for Georgetown, apparently the idea is that if you have money anywhere, no matter what, you're paying.

Moral of the story (and this should be posted somewhere): If you have investments and loans, and are applying to college, use up all of the investments paying loans by the end of the summer before you start applying. I'm not too despondent about G-town or anything (I'd want to go there for grad school anyway), but it does kind of **** me off that they're so, as the lady at the FA office put it, "numbers-driven" and will only grant reviews if someone dies or loses a job or something.
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