<p>Kay…</p>
<p>Your child has the full tuition scholarship at Bama…plus the 2500 per year from eng’g. That may be the best deal because your remaining costs will be much less than your EFC…especially after the first year. </p>
<p>Your payout would average about $9k per year - depending on meal plan and dorm choice.</p>
<p>Plus, your D can lessen your family’s cash payout, by taking out a sub loan of (I think) 2500 or is it 2000?. She could borrow up to 5500 for frosh year, but the rest would be unsub. Or, she could work over the summer to contribute for books and what-have-you.</p>