Non-Custodial Parent Contribution Penalization

Peb242
Sat, 06 Apr 2013 13:14:05 +0000

Ok. Attempting to work in Thumper’s corrections. Assuming 5% increase in COA each year.

OSU - Year One
CoA: $25452
Provost Scholarship: $3000
Fawcett scholarship (only for freshman year): $7000
Federal subsidized loan: $2825
Federal unsubsidized loan: $2675
Mom: $10,000

OSU - Year Two
CoA: $26725
Provost Scholarship: $3000
Federal subsidized loan: $2825
Federal unsubsidized loan: $3675
Mom: $10,000
Dad: $7,225 (PLUS)

OSU - Year Three
CoA: $28061
Provost Scholarship: $3000
Federal subsidized loan: $2825
Federal unsubsidized loan: $4675
Mom: $10,000
Dad: $7,561 (PLUS)

OSU - Year Four
CoA: $29464
Provost Scholarship: $3000
Federal subsidized loan: $2825
Federal unsubsidized loan: $4675
Mom: $10,000
Dad: $8,964 (PLUS)

CoA may go up by more than 5% each year but it is also reasonable to figure that Dad can contribute SOMETHING out of current income each year and student can work. Also, some areas of CoA are in students control and may be able to be reduced, especially after first year.