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Some parents may sit down with their kid and be like, “I’m not going to pay a cent for your college. You have to do it yourself.” My parents didn’t tell me that, but they did tell me, “I’m not going to pay more than X per year. You’ll have to get the rest in loans or scholarships.” X was less than my EFC, so I’m taking loans out to pay for Vandy. The point is (s)he may not have a choice to pay for his/her college on his/her own.</p>
<p>I am shocked that graduate schools can ask that info. I thought you were considered financially independent from your parents once you’ve obtained a Bachelor’s?</p>