Paying for TAMU with high EFC

TamuEngineer
Fri, 18 Aug 2017 11:39:17 +0000

I can’t speak for anyone else since I received MANY need-based financial aid, BUT I do think working and taking loans would be the alternative if no merit financial aid was awarded. If the student has to take outside loans or anything in their name and if the parents can help take some loans, 20k should be manageable, per year. My family has always been low-income, and even the numbers added up for us. With all of the outside loans they offered and ones that I saw were available (I rejected all of them though) it added up to more than enough for each year. I was fully expected to take 100k in loans over 4 years (exaggeration) if I hadn’t received any financial aid at all. I can only speak for myself since I am in a STEM major, and I know my degree will pay in dividends later on. A&M was my first choice, and I didn’t care how much I had to sacrifice and be in debt to come here. Thank God I was fortunate enough to receive the assistance I did, and so far, I can say I made the right decision.