Federal Work Study as part of FA package at Colgate University

kpopmomrunner
Sat, 28 Sep 2019 14:07:56 +0000

Thank you for your input. My daughter is constantly looking for a job to fulfill her obligation. She knows what her fa means. We are paying her room and board and other expenses. She pays for some of her books. We also took the subsidized loan the school offered. She also received outside scholarships from the Red Cross (one time) and NYS Scholarship for Academic Excellence (8 semesters) which helped us to lower our out of pocket expenses. If she is unable to find a job then we will just pay it out. My husband and I do not want our kids to incur student loan just so they can get a good education. Our parents sacrificed a lot for us to help us get a decent education in the Far East. We are trying to do the same for our kids albeit we are trying our best to understand the college system here in the US. We are looking forward to see what Colgate does next year as it launches the No-Loan Initiative, starting in fall 2020 as part of their Third Century Plan.This initiative eliminates federal loans for students from families with an annual income less than $125,000 per year. Our sophomore son is at a local CC right now and plans to transfer to RIT next year. We are trying to put our finances together so we are able to help him too.