I am an accepted student at Agnes Scott College, and I just got my Challenge Scholarship letter today. Unfortunately, the 8,000 yearly dollars will not cover the full cost of tuition. I was wondering if anyone could give me an insight into the kind of FA package I can expect to receive. I am especially interested in a good grant-loan ratio.
Adjusted Family Income: $41,000
EFC: $3,500 (my dad finds this perfectly reasonable)
Pell Grant: $3,000
Stafford Loan: Unknown at this point
Merit Scholarship: $8,000 per annum ($32,000 over four years)
GA Hope Scholarship: Do not qualify (from Tennessee)