So I applied ED and got into NYU Poly (computer engineering). Recently I got my aid package and am freaking out.
Polytechnic Grant 22,200.00
College Work-Study 1,500.00
Pell Grant 695.00
Perkins Loan 1,000.00
Direct Subsidized Loan 3,500.00
Direct Unsubsidized Loan 2,000.00
Recommended Parent Loan 28,675.00
Academic Year Totals 59,570.00
now my parents make less than 90k a year and have not great credit. Two years ago when my older sister needed it my parents got denied for the parent plus. Now there are 3 children going into/in college. My mom also is now a dislocated worker. They won't do anything until my parents are denied the plus loan (resulting in 4k more federal unsubsidized loans) and my mom's been unemployed for 5/6 weeks (again less than 5k)
my EFC is less than 5k (4925 to be exact) but this means I need to come up with 20k
The actual cost (tuition, fees, room and board) works out to 54828
loans & grant total (once the plus loan is denied) 33395
so my actual debt to the school will be 21433
which on top of I'll need to plan on several thousand for transportation, my laptop, books, supplies, stuff, etc
So understandably I'm freaking out at this point because I'm not sure I can get 4 cosigners at 21.5k. NYU Poly is my dream school and at this point my only other legitimate option would be UB. I really disliked the idea of UB even before finding NYU Poly. I've read that the DoD, NASA, NSA and some other federal agencies have programs that'll pay for up to the last 2 years and of course there's ROTC and a ton of various scholarships but most of the deadlines have passed.