Anyone got the financial aid package?

silvercore
Thu, 17 Mar 2011 09:12:28 +0000

So I was admitted to Northeastern with a what I thought to be a great financial aid package (until I did the number crunching). Basically, the total amount awarded for the year (in grants/loans) would be about 26k. 16k of that is a grant. The estimated COA is over 50k, and that leaves me with a tremendous gap to fill myself, especially when my parents are unable to contribute any more than maybe 12k a year – if i am lucky and if we are better off in the oncoming years than we are now, although, aid is subject to change if income increases. My question is… how do other students afford this? Is it realistic to assume I can juggle work as well as school to somehow manage to fill most of that gap of expenses? I am extremely frustrated. I am dying to attend… but at the same time, will I just end up killing myself over money if I do attend?

Also, I’d be willing to take out more loans… But there are no other loans being offered than what was in my package.