"negotiating" financial offer

mom2collegekids
Sat, 12 Mar 2011 11:44:03 +0000

*I was hoping if I contacted Maryland and sent them a copy of the Towson letter, they may give her a little bit of money. Anything they give us would be a help.

She also got into Penn State which is her second choice right now but I haven’t received a financial package from them yet either.

*

I’m sure others will chime in here, but Penn State isn’t going to give anything other than a student loan. PSU only gives merit to Shreyers honors students and only gives them small amounts (like 4500).

Sending UM-CP a copy of Towson’s scholarship is a good idea. Do you know if they are considering it? Towson is not a peer school to UM-CP, so they may not do anything with that. Schools know that lower ranked schools will give merit, so they often won’t consider those merit offers. But, it never hurts to ask…UM may surprise you.

*it is difficult when her first choice will cost us so much more than some of the others. *

this will likely come down to what you (the parents) are comfortable paying. If you’re comfortable paying full freight for UM or PSU, then happily send your D. If you’re not comfortable paying that much money, then the choices will likely be Towson or Rutgers.

What are your D’s objections to Rutgers? What does UM-CP offer that Rutgers doesn’t?