A bit of advice

law2011
Sat, 19 Mar 2011 18:27:42 +0000

My EFC from FAFSA is $2354. I am an only child, with a mother and I receive no financial support from my father. My mother’s income (before taxes) is about ~45,000 a year. I don’t know if that’s a lot in the grand scheme of things, but we certainly do not have that much in the bank, and we don’t own a house (rent an apartment). My top choice gave me 10,000 in merit for a year, and their COA is 43,000 a year. What are the chances that I will only have ~15,000 in loans per year or less (including student loans in my financial aid package itself)? I’m not asking for a definite, but just wondering if anyone had the same sort of criteria that I had and what your results were.