Is this Transfer Financial Aid package good?

NHuffer
Tue, 19 Jun 2018 15:17:42 +0000

As far as getting the same aid next year, there’s no guarantee but it usually works out that way. Remember, though, that the cost of attendance (with respect to housing) will go up each year as upperclassmen housing is more expensive.

To answer the question of whether or not it’s “good,” is up to you what you’re willing to pay. Assuming the same amount of loans are taken out each year ($10.5K Stafford), you will owe $42K upon graduation. While it’s over the national average of $33K, it’s still less than what most owe upon graduating from a private school. To alleviate it, though, you can work summers and apply earned money towards the loans.

Hope this helps.