How flexible are financial offers ?

Paying for College
1

<p>Got my financial aid offer at the University of Richmond got 43000 in grants 6000 in loan and 1500 in work study just need a 2000 more dollors to go. will it look bad to ask for 2000 in additional grants and more importantly will it work?</p>

2

<p>That is a terrific package. Any chance you can work to earn that money starting now…and through the summer?</p>

<p>It doesn’t hurt to ask…but if they say no…have another plan. They met your full need.</p>

3

<p>The school states that they meet 100% of your demonstrated need. The 2k is probably your EFC/student contribution. You can probably also get the 2k, if you got a part time job now, that you can perhaps work ful time over the summer (or 2 jobs if necessary). If it is your student contribution, perhaps you can get an outside scholarship to take care of it.</p>

4

<p>COA at URichmond is nearly $58,000, so that $2000 shortfall may be on top of whatever other contribution the OP is making. It doesn’t hurt to ask, but I wouldn’t count on it. Are you already counting on your summer earnings to meet the COA so that the $2000 is over and above that? Have you looked at ways to economize - used books, cheapest dorm, smallest meal plan, etc.?</p>

5

<p>Beth’s mom you are right. Got 51k in FA and making 2k over the summer and mom is putting in 2k in a payment plan then there is the gap! Trying to cut costs because the gap does not include books, transportation or personal expenses !</p>

6

<p>I would recommend breaking apart your financial aid package. Does your financial aid cover your direct costs; tuition, room, board, fees and health insurance (if the school feels that you don’t have adequate insurance)? these are the things that you must make sure are paid in order to step foot on campus and take classes.</p>

<p>If all of these things are covered, you can trim down some of the other indirect cost (book transportation early, search around to get the best rats, buy used, comparison shop or borrow books, get your sundry items on sale, cut back on spending) in addition to getting a job before school starts.</p>