Parents with bad credit?

mom2collegekids
Thu, 23 Aug 2012 17:42:01 +0000

USD doesn’t meet need. Because of that, it kind of has the rep of being a rich-kid’s school because many families pay a lot for their kids to go there.

Since your family is low income and has a low EFC, it will be very unlikely that you’d get enough aid to go there - even if you have high stats and get merit aid.

USD will give merit for very high stats, but their goal is to bring costs down to a UC…which is $30k per year. So, still not likely affordable.

The truth is that they really don’t expect your family to pay that much. They understand that most lowish income people cannot afford their school. Just like a Mercedes dealer doesn’t expect your family to buy a Mercedes, USD (and similar schools) don’t expect your family to pay/borrow for their product either.

What are your stats? GPA and test scores?? Maybe we can find a more affordable school for you.

Also, if you’re instate for Calif, and you have the right stats, then a UC may be the most affordable choice with the Blue and Gold promise.