As a freshman you can get a $5500 loan.
Part time work during college can bring in maybe $1-2K
Summer work can be maybe $4k.
Just some estimates on the work amounts but that would be just over $10K.
@“Erin’s Dad” is that for one year?
@“Erin’s Dad” Can I get a higher loan amount if I have someone co-sign on it? for ex a parent
Why would you? Any loan amount higher than that would have to be cosigned. It would also entail you paying it back. Some people use a rule of thumb to not borrow anything more than your first year’s salary. I think it’s better to stick to the max permitted for student loans - $27K over four years. Anything more and it’s onerous. My oldest D said the best thing that happened after college was not having any loans to pay back.
Go back and look at post #32 by @thumper1
If you don’t have $200,000 and your family won’t pay the cost for you the only options – besides loans and scholarships – is to commute. Generally, that means starting at a cc, but some students are fortunate to live near a 4 year school that allows students to live at home.
Or going somewhere cheaper. Including abroad, potentially. But where did that $200K number come from? 4 years of UMTC at in-state rates is far less than that. CC would be even cheaper.
OOS tuition to AZ I believe. The grades/test scores weren’t good enough to get into UMTC.
@PurpleTitan @cshell2 Yes, the 200k estimate is for ASU and UMTC school of science and engineering has a acceptance rate of 9%. The reason why I think I won’t get in along with the acceptance rate is that a few of my senior friends with 3.6+ GPA and 32-35 ACT got denied.
@cshell2 realistically speaking, how is CC, harder than high school? Just as hard? How easy is it to transfer? Do they still look at ACT and SAT?
I went to Winona State directly, which has much lower admission requirements than UMTC. I did have to take some remedial math classes when I started before they’d let me take calc though. My only experience with CC was from my 30’s when I considered a career change and I thought those classes were pretty rigorous, but it’s been a lot of years since I was in high school (and CC for that matter), so I’m not sure my opinion is worth much there.
The acceptance rate for CSE is a lot lower than the university as a whole, and tough to get in for sure, but I don’t think it’s quite that bad…especially for in-state. My son did not have stellar stats and was admitted in the first round back in October. I think you’re looking at total applications vs. incoming freshman numbers? You have to remember they accept a lot more than ultimately attend.
You should talk to someone at the U in admissions that deals with transfers and they could tell you exactly what you need to do to set yourself up to transfer in. Or just start somewhere like Winona or Mankato. You might find out after a couple years that you’re perfectly happy there and not even want to transfer.
@cshell2 according to CSE’s website they had about 14000+ applications about about 1177 accepted. That’s about 8 percent, and with what I’ve seen for many of my friends, to be honest with you I don’t have a lot of hope
1177 was the number of incoming freshman, not the number of accepted. They accept way more because only a small percentage actually matriculate. While I can’t find it right now, I believe the number of accepted students for that year was somewhere around 4K and they fill the majority of them with in-state students.
It’s true you have pretty much no chance of getting in with your current stats, but you can wipe the slate clean by applying as a transfer student. Your high school GPA won’t even matter then.
@cshell2 From what I’ve heard though it is difficult to transfer to the UofM as well unless you are in their system already for ex: you attend UMN Duluth or the other campuses.
From the CSE Transfer page:
“Many colleges and universities offer courses that are equivalent to the required technical courses. You can explore Technical Course Equivalencies and Transfer Course Plans for individual colleges.”
https://admissions.tc.umn.edu/transfer/cse.html
It’s pretty clear you’re going to shoot down any idea except 200K for ASU, so I don’t know what else to tell you.
@PrdMomto1 I understand and agree with you but I hope you understand from my perspective, there is only so much I can do with the situation I’m in due to reason I don’t want to talk about on the internet. With two routes I see in front of me, one says a crap ton of student loan debt but good relationship with parents and the other says not a lot to no student loan debt but horrible relationships with horrible parents and being ruled a disgrace by them. I can’t get the better of the two roads so I really don’t know what to do. This is just another thing to worry about that I don’t want to along with the stress of what college I’m gonna get into.
@cshell2 ASU was just an option and in no way shape of form have I confirmed them. Other colleges I’m looking at are Iowa State, CU Boulder and UM Duluth (if I get accepted there). But if I should go to CC to save money again comes down to getting disgraced by my parents who want the “best” for me.
@VishG28: Any parent that would disgrace their child for going to a CC, is not wanting the “best” for them.
Well, if you go to a school that requires you to take on that type of debt you will be certain of one thing…it will have a wide ranging impact on your life for a long time, measured in decades.
For example, that level of debt will limit where you can live, you may not be able to buy a house, you won’t be able to take a risk for a job (like joining a start up or starting your own business), some people won’t date/marry people with debt that high, etc. etc.
Further, if you choose the route with debt, there is no guarantee you would have a good relationship with your parents…are you sure they wouldn’t find fault with you for some other reason? Are you sure you wouldn’t resent them? Etc.
Take the road without the debt. Attend CC and transfer, or attend an MN directional school as many have noted above. Then, see if you are able to build a better relationship with your parents.