@itsgettingreal17 - You know, maybe it’s just me. But before I would say to another person “Maybe it’s your explanation that is lacking”, I would look hard at myself. I think I was clear breaking down what happened after the $8K outside award was applied. I will try again:
- $3K of it was just applied to my bill and not offset anywhere
- $2K of it reduced grant money given to me
- $3K of my loans got shifted around - instead of it being a subsidized loan, it is now an unsubsidized loan. So, the total loan amount is the same.
I am paying less now than before. A total of $8K was applied to my account. A total of $2K (the grant reduced) was removed from my account. The total amount of loans available to me is the same.
@Riversider - was never getting full aid and pocketing the difference. My EFC is around $30K. I am just paying a little less. Let’s be very clear about something. Colleges are bankrupting people because colleges are getting greedy. They are charging more because they can.
@cptofthehouse - Totally agree. Which why I am saying of the $8K outside award, I got to keep all but $2k plus a little interest lost.