Got a need based scholarship, but. . . ????

aunt_bea
Thu, 31 Mar 2016 00:06:15 +0000

I’m in California and my children are instate. One is at a private, which is extremely expensive, but we saved money for his education through a combination of 529, savings and his work earnings. It costs a lot more than $50k.

Another child is at UC Davis; our income doesn’t qualify us for any need-based aid, but even then, we are paying instate tuition and fees; AND, our dd lives and shares a LARGE townhouse with 7 girls.

Her yearly rent and utilities adds up to $4620.
The tuition is $14046 per year.

It totals up to $18666 per year. She works a part time job to help with her entertainment expenses.
Tuition and fees DOES NOT add up to $30k.

Many California students get their fees covered by CALgrants, the Blue and Gold scholarship, or the MCS- Middle Class Scholarship. Why your friends are paying more than $50k as instate residents at Berkeley boggles my mind. My daughter has at least 10 good friends who attend Berkeley and are instate. Their tuition and are listed on the website:
$13,518 for tuition
Room and board $14,992
28k not $50k yet.
http://financialaid.berkeley.edu/cost-attendance

So, your friends are either snowing or distorting facts, or they aren’t attending Berkeley.

You can get a good Art school education at SDSU, USC, and SANTA Barbara (and other in state schools) to get federal and state funding to cover most of your costs without taking on debt.

No one will give you those large kinds of loans without collateral.