Is my finaid normal?

LongPrime
Wed, 22 Apr 2009 22:48:02 +0000

Ans. No! You got a $31,000 scholarship, which probably is without restrictions or conditions save if you start flunking out. Your net cost is very close to what you would have to pay for an instate university. If you cannot afford this amount and you got a substantial scholarship from your state school, then you consider your state education possibilities.

The out-of-pocket $19,000 can be reduced by several thousand by selection a triple of quad living plus a low meal plan the first year and then followed up with eating on/off campus at the various restuarants/food stands.

Congratulations.
You should consider ~$12,000 for room and board whether you attend a state school or a private. Remember that CMU guarantees 4 years of university housing. So only ~$7000 remains, but $3500 is from goverment student loans (which all schools assume that you take) leaving only $3500 for you to find. This amount will apply to any school that you have selected.