Parents will move out of the US to India by summer; Income will drop.

<p>Right now my parents work in the USA and I do not qualify for financial aid. However, when they move out due to orders from their employers, I will need aid as the standard of living (and thus the income) is low in India. Should I mention this in my College application? Will the college be willing to help if I get accepted and this happened?</p>

<p>Not going to matter. You aid for 2015-2016, will be based on their 2014 income. </p>

<p>Schools aren’t going to dole out FA based on what people PLAN to do. They dole it out on the basis of what people have ALREADY done. </p>

<p>Plans change all the time.</p>

<p>Are you a U.S. citizen?</p>

<p>How much is the difference in income when your parents move to India?
And your parents are required to move to accept lower income?</p>

<p>You can appeal the financial aid once the circumstances change, but not before. Next summer, after they are relocated, you can appeal. However, if they are still employed, you may not get much additional aid. Run the npc with the current number and then with what you expect the numbers to be. If the efc doesn’t fall to Pell grant levels, it’s unlikely you’ll get a lot more. The problem is you won’t know the appeal results until it is time to start school. Your best bet may be to find the most merit money.</p>

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<p>???</p>

<p>Can you clarify? Are your parents here on a work visa? Are your parents’ US citizens or Permanent Residents? If so, they can’t be “ordered” to do anything unless they’re in the military. Your parents can look for other jobs here. </p>

<p>If they’re here on a work visa, then they would have to return to India once their work here is complete.</p>

<p>Were your parents’ employers paying them some sort of supplemental income to compensate for the higher cost of living while in the US? </p>

<p>As others have said, it won’t affect current financial aid. Make sure, however, that you pick a school that guarantees to meet full need each year as circumstances change. Look in the fin aid part of the web site and read about each school fin aid policies. Also before you pick a school, ask the fin aid, and admissions what the policy is when there is such a change in finances. Some schools that do not guarantee to meet full need, will not up the aid package under such circumstances and may just refer you to outside loans. </p>

<p>

It sounds like the parents are on an L1 visa (intra-company transfer from a foreign affiliate/branch office). </p>

<p>Are you a U.S. citizen? Please answer that. It will help others give you better answers. </p>

<p>Sounds like your parents are not citizens or green card holders. What about YOU?</p>

<p>No. I am an Indian citizen on L-2 visa. I came here three years ago.</p>

<p>We are looking at about a $100,000 to $24,000 shift.
Yes, my mother is here on shifts from her employer/Bank. New employees must come in and the circle should continue.
And, yes they have to accept the lower income. A middle class family does not need that much money to live in India</p>

<p>On the CSS profile there are questions regarding expected future income. You can put the expected income and explain the special circumstances. You will need to provide the proof of income later.</p>

<p>My parent (mother) is on the L1 (work) visa. My father and I are on the L2 (dependent) visa.
The bank does have a fee for quitting the job. Also my mother is, very understandably, not willing to quit her job. It is a government job, so she is on somewhat of a tenure.
Yes, she gets additional income. Living in the USA with previous salary would be quite tough without federal aid.</p>

<p>OK…if you are currently in high school…there are a few things you need to know.</p>

<ol>
<li><p>You are an international student. There are not a whole bunch of colleges out there that guarantee to meet your full need as a college student…regardless of your income. And you are not eligible for any U.S. federally funded aid.</p></li>
<li><p>Some states do offer instate tuition to international students who graduated from HS in their state. You need to check to see if this applies to you. But this would apply to the public universities in your state only…not to private universities at all.</p></li>
<li><p>Can you attend college in India? </p></li>
<li><p>To get a visa to study here in college, you will have to demonstrate that you have the funds already in hand to support all of the costs to be here. This can include approved loans and financial aid you have already received. </p></li>
</ol>

<p>Where are you planning to apply to colleges? What are your stats? Did you apply anywhere where you would garner significant guaranteed merit aid? What are your parents sayong about all of this?</p>

<p>I can go to college in India. But I hope to study in the USA.</p>

<p>I plan on applying to Stony Brook SUNY, NYU, Cornell, Brown, Columbia and MIT.</p>

<p>My SAT is 2220, CR: 670 :(, M: 800, W: 750
SAT IIs: Physics, Math II, Bio M 800s
APs: Calc BC, Physics, Statistics, Comp Sci - 5s, World History - 4
I have done research at NYU. I am studying at Columbia through a program for highschool-ers. And I am in the NYC Math Team @ NYU.
I captain my school’s math team and head the programming club. I am a Math tutor at my school and volunteer at the College Office.
Also, I am fairly good at drawing.</p>

<p>My parents are willing to pay $20,000 a year for my education if I get into a good school.</p>

<p>I can go to college in India. But I hope to study in the USA.</p>

<p>I plan on applying to Stony Brook SUNY, NYU, Cornell, Brown, Columbia and MIT.</p>

<p>My SAT is 2220, CR: 670 , M: 800, W: 750
SAT IIs: Physics, Math II, Bio M 800s
APs: Calc BC, Physics, Statistics, Comp Sci - 5s, World History - 4
I have done research at NYU. I am studying at Columbia through a program for highschool-ers. And I am in the NYC Math Team @ NYU.
I captain my school’s math team and head the programming club. I am a Math tutor at my school and volunteer at the College Office.
Also, I am fairly good at drawing.</p>

<p>My parents are willing to pay $20,000 a year for my education if I get into a good school.</p>

<p>At NYU IMO you will be full pay and have to come up with >$40K. </p>

<p>Unless you receive significant need based aid…all of these schools will cost more than $20,000 a year.</p>

<p>What is your safety school? That means…what school on your application list is affordable, a place where you WILL get accepted, and a place where you will be happy to attend.</p>

<p>Too bad you didn’t apply to U of Alabama before their deadline. Your net cost there would likely have been in the right price range.</p>

<p>ETA…when your parent annual income is $24,000 starting next year, HOW will they pay $20,000 annually for college?</p>

<p>What was your PSAT score?</p>