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A great college and my situation
I have a SAT and ACT score of 1500 and 34 respectively. However, my unweighted GPA is on the lower 3.55. I really want to go to a great private school for my undergraduate, which is local. My dad (only breadwinner in the family) makes a little over 140,000. I have two younger siblings. Considering his income, the equity left in the house, and the savings that he kept as retirement income, I know that he can maximum afford only 15,000 a year. He also told me firmly that anything more than 15K as EFC, I should consider alternatives. My dream colleges EFC comes close 50,000 per year. Two major factors driving the EFC up are my dad's house equity and the money that he is saving for his retirement. He told me that he also needs to consider other two kids as well. In light of this, is there any chance for me to get my EFC reduced as I can no longer depend on my dad to bridge the gap of 35K per year?77 replies
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