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03-26-2008, 04:36 PM
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#31 | | Member
Join Date: Mar 2006
Threads: 24
Posts: 338
| Thanks Sueinphilly...it seems like your son was one of the lucky (probably not just luck ofc) ones. I hope we can make things work for my D but if it does not she will be ok at her second choice (a SUNY school) and maybe NYU will be there in her prospects for grad school. | 
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03-26-2008, 04:38 PM
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#32 | | Senior Member
Join Date: Jun 2007 Location: SW PA
Threads: 54
Posts: 1,060
| sualabama, I'll echo you on PSU. I have read though that their unofficial policy is aid for all amounts over $20K. With that $20K, you are on your own. Since the costs there approach $24K annually, the offer of the $4500 would bear me out.
Still, they'll give you an additional $3500 is SHC. Good luck on that one. | |
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03-26-2008, 05:03 PM
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#33 | | Junior Member
Join Date: Mar 2008
Threads: 11
Posts: 98
| My efc is 0 and I got 19,000 is loans/work study from nyu, the rest in grants/sccholarships. Assuming i do get the max 4000 from work study, that's 60k debt after graduation...not looking good since I'm probably do grad/med school | |
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03-26-2008, 05:03 PM
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#34 | | Junior Member
Join Date: Feb 2008
Threads: 1
Posts: 31
| Northwestern. They gapped my son in a big way and expect us to pay the equivalent of well over 1/2 of our take home pay per year. Yes we have saved for college (though not an extraordinary amount). It shocked me to be perfectly frank. Thankfully NU had already dropped down to nearly the bottom of his list after receiving some other acceptances. | |
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03-26-2008, 05:41 PM
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#35 | | Member
Join Date: Nov 2007 Location: NYC, MA Gender: Male
Threads: 1
Posts: 678
| I just received my financial award letter from NYU.
My "awards" total ~26,000.
I'm only receiving $6,250 in scholarship money.
The rest is in loans and work study.
So, I guess that means if I'm stuck with NYU,
my parents will be forced to PAY 26,000
to make up for what ISN'T covered in my award?
Kind of sucks, considering my EFC was 7,000.
Wonderful, just wonderful. | |
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03-26-2008, 06:25 PM
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#36 | | New Member
Join Date: Feb 2008 Location: Michigan
Threads: 0
Posts: 11
| I was disappointed with MSU's FA. My son really wanted to be a "Spartan." We live within 10 minutes of the school and he loves the campus. MSU gave him an award for 1600 dollars. He has other grants and awards but there would be alittle over 10,000 in loans.
He's a 4.0 (un-weighted) and a lot of community service, as well as being pres. of the Japanese club and tutoring & mentoring.
U of M gave him a 40,000 dollar scholarship.
Someone told us that MSU doesn't give a lot of aid...I believe them now. | |
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03-26-2008, 06:34 PM
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#37 | | Junior Member
Join Date: Mar 2007
Threads: 35
Posts: 179
| my friend got into ucla, has a sister in college and a younger brother in HS. he received an email the other day that had a subj w/you qualified for financial aid! or s/t lek that and he clicks it and it says: you've received $0... | |
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03-26-2008, 07:05 PM
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#38 | | Junior Member
Join Date: Apr 2007 Location: New York
Threads: 8
Posts: 231
| The University of Rochester gave me only $7,500 per year with the Kodak Young Leader's Award and expected the rest to be loans and contributions. At that rate my parent's accounts will be nearly dried up after 2 years. We sent a nice letter. | |
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03-26-2008, 08:15 PM
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#39 | | Junior Member
Join Date: Dec 2006
Threads: 21
Posts: 191
| I thought UCLA's financial aid package was generous, but I still won't be able to go. My family is very low-income; I had an EFC of $0. I was offered about $15,000 from the school (an academic award they give to high-need students) and the highest amount of money the Pell Grant could give me (a few thousand). Unfortunately, I would still need to pay about $28,000. I don't want my parents to have to take out a $20,000 loan on my behalf (they included this in my 'awards' along with a $6,000 loan for me and work-study). If I don't get any of the scholarships I applied for, then I will be perfectly content with my state's college. | |
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03-26-2008, 08:22 PM
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#40 | | Member
Join Date: Jan 2008 Location: Rhode Island Gender: Female
Threads: 25
Posts: 328
| My family's EFC is about 30 grand. We co-own additional property (with no structures on i! It's just a hunk of grass in Maine!) and I'm the first to go to school. Lucky me. Family income is six figure. Ithaca was horrible with its financial aid. But really all of my packages have been disappointing. I think that the evil people at Federal Aid or wherever they decide EFCs just look at the income and assets, and ignore the number of people in a household. I am a senior, my sister is a freshman in high school, my brother is in sixth grade and my other sister is in fourth grade. That is nonstop college tuition starting this fall and ending in 2020, not counting grad school. I guess I should count myself lucky that I'm the first to go.  | |
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03-26-2008, 09:57 PM
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#42 | | Junior Member
Join Date: Sep 2007
Threads: 17
Posts: 55
| Indiana University Bloomington, My EFC was 6,000 and they only gave me 5,000 worth of loans. I am going to be in hella debt when I graduate! | |
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03-26-2008, 10:38 PM
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#43 | | Junior Member
Join Date: Dec 2006 Location: New Jersey
Threads: 7
Posts: 46
| With an EFC of zero: Trinity: free ride
Union: free ride
Lafayette: wave a magic wand and make $18,000 come out of nowhere.
I've spoken to others who have also had to toss their Lafayette acceptance because their need-based aid is a joke. | |
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03-26-2008, 10:41 PM
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#44 | | New Member
Join Date: Jan 2008 Gender: Male
Threads: 1
Posts: 23
| northeastern-- got about 22,000 for a school that is 48,000+ with very low efc | |
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03-26-2008, 10:58 PM
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#45 | | Senior Member
Join Date: Mar 2006
Threads: 283
Posts: 1,034
| Freakin Duke. | |
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