<<<
My dad will decide how much he’ll pay for my education after I have received admissions responses and financial aid offers from universities. He will eventually pay part of my education, but it’s too soon to know how thats going work out.
[QUOTE=""]
[/QUOTE]
<<<
My dad doesn’t earn 50k per year by the way, way lower than that.
<<<<
If your dad earns “way, way lower” than $50k per year, then it’s very likely that he won’t be able to pay ANYTHING towards your education.
Families that earn “way, way lower” than $50k per year, generally need every dime they earn to pay for housing, utilities, food, transportation, health expenses, clothing, etc.
Is your dad married? If so, does his spouse have an income?
you won’t be able to borrow more from a bank, because your dad’s income is too low to qualify as a co-signer.
you can borrow $5,500 as a frosh …that’s a fed student loan.