AID AND LOANS

austinmshauri
Fri, 20 Mar 2015 14:09:28 +0000

Students who live in the US can’t afford to attend a 4-year college if all they have is $5k/year. Even commuting to our local 4-year university costs double that for just tuition, fees, and books. US students can take loans to make up the $5k difference because they live here. And even then, their parents are covering housing, food, and transportation costs, so the total cost is much more than $10k/year for an in state resident. Internationals would pay even more than that and they can’t take out loans in the US without a cosigner. Unless you know someone in the US who will cosign a loan for you, you’ll have to take out loans at home.

MHC…do you mean Mt. Holyoke? That’s a private school that costs $29k/semester ($58k/year). If you got grants of $21k/year, then your net cost is $16k/year (not including transportation, books, or personal expenses). None of those schools are affordable for you. Is there a college in your country that’s affordable for your family? You should apply there if you haven’t already.