Put Your Fafsa Efc!

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<p>It is very likely that the person attending UoP online is probably already employed. The degree is going to make them more marketable. After you walk through the door no one cares what college you went to, it is about performance. So whether you went to Harvard or matchbook u, if you can do the job, do it well or contribute to the bottom line your will be out of a job.</p>

<p>“It is very likely that the person attending UoP online is probably already employed” </p>

<p>i was simply using university of phoenix online to represent the glaring dichotomy b/w fourth-tier and ivy league schools. sorry if i don’t know the ins and outs of internet schooling and/or community colleges…</p>

<p>“After you walk through the door no one cares what college you went to”</p>

<p>but before walking through that door, you have to get the job. And the college you graduate from is important when trying to obtain your first post-college professional job (which is the job i have been referring to throughout my last couple of posts).</p>

<p>Do people hiring Harvard grads probably really have to worry about performance? I doubt it.</p>

<p>A Harvard degree is going to open many more doors than a Phoenix degree.</p>

<p>I agree that the college you graduate from can be very important however- if the person you hires you is a U of _ alumni, do you think she will be more swayed if you have an Ivy degree?
Your ability to work with your dept and do your job is going to be more important that the name of your school.
But I admit there are thousands of kids with a similar attitude, thats why the “name” schools have such a high application rate and sucn a low admittance rate.</p>

<p>“if the person you hires you is a U of _ alumni, do you think she will be more swayed if you have an Ivy degree”</p>

<p>i think she will be more swayed by the ivy degree if her concerns lie with filling the position more than with the college she graduated from…</p>

<p>“Your ability to work with your dept and do your job is going to be more important that the name of your school”</p>

<p>like i said, i was referring to a first post-college job. Thus, an employer would have no idea of your ability to work with your department and do your job. they can only make assumptions. and like dsmo said, people hiring harvard grads probably don’t worry too much about that harvard alumni’s performance.</p>

<p>Even in a first college job it depends on what industry you work in and wht part of the country you happen to be in. While yes, everyone knows HYP, in some parts of the country it will not carry as much weight as attending the state U. </p>

<p>IF you plan on being on the east coast then yes, you may have a very slight tip. However if you are on the west coast graduating from Stanford, whitman, Reed, Pamona would likely hold more weight.</p>

<p>Even for a first job entry level position, if you have candidate A a Harvard grad who did nothing but attend school and candidate B student who attended a “lesser school” but took internships, worked through college, summers and breaks, Candidate B would most likely going on to the next round of interviews because at the end of the day it is about can do, will do and fit. </p>

<p>Don’t think that just the college name will get you through the door. But I aint mad at ya because I tell my own D who attends an Ivy the same thing :slight_smile: I don’t rest on the laurels of my Ivy education either because once you start working no one cares where you went to school.</p>

<p>oh sybbie, i didn’t mean only ivies, i meant elite schools in general (see my original post on this topic). i think Stanford, Reed, Whitman, and Pomona would be considered in that group of elite schools.</p>

<p>But i completely understand your point, sybbie, and plan on doing internships and stuff during college.</p>

<p>Hey EmeraldKity4…just curious…what are your real estate taxes per year
in your area?</p>

<p>well not as high as Minnesota apparently- but not enough to fund the schools-- :frowning:
It really depends on your zip code- our taxes and assessed value for our 105 year old- less than 1000 sqft house in the city, is more than my sisters 23 year old, 4000 sq ft house on a view lot in Bellevue.( I think ours are about $4000, I haven’t gotten a new bill for this year yet)</p>

<p>So if you are interested in buying and are concerned about costs, you might not want to buy a house in a tract that also contains much more expensive homes, because it seems like they pick one house and then extrapolate the assessed value for all other houses from that- without really looking at the property
this can give you more info if you are looking at property in the area
<a href=“http://www.metrokc.gov/taxes.htm[/url]”>http://www.metrokc.gov/taxes.htm&lt;/a&gt;&lt;/p&gt;

<p>question:
what will EFC be like in a single parent familly where mom makes 40-50k, but has a good amount (I’m not sure how much, XXX,XXX) in the bank from death of grandpa. Thanks</p>

<p>One of the best explanations of Financial aid that I have seen comes form wake forest.</p>

<p>Determination of Need</p>

<p>Primary responsibility for meeting college costs rests with students and their parents, to the extent that they are able to pay. The difference between standard costs of education and the calculated family contribution is “demonstrated need.” </p>

<p>Two distinct formulas assess information reported in the aid application process. The traditional institutional methodology (IM), developed by
the College Board and refined annually by economists and aid administrators, determines the expected family share of costs. IM is the dominant standard among selective national colleges. </p>

<p>The federal methodology (FM) determines eligibility for federal aid. </p>

<p>*** Differences between the IM and FM models include:***</p>

<p>IM collects information on estimated academic year family income, medical expenses, elementary and secondary school tuition and unusual circumstances. FM omits these questions.</p>

<p>IM considers a fuller range of family asset information, while FM ignores assets of siblings, all assets of certain families with less than $50,000 of income, and both home and family farm equity.</p>

<p>FM defines income as the “adjusted gross income” on federal tax returns, plus various categories of untaxed income. IM includes in total income any paper depreciation, business, rental or capital losses which artificially reduce adjusted gross income.</p>

<p>FM does not assume a minimum student contribution to education; IM expects the student, as primary beneficiary of the education, to devote some time each year to earning money to pay for education.</p>

<p>FM ignores the noncustodial parent in cases of divorce or separation; IM expects parents to help pay for education, regardless of current marital status.</p>

<p>FM and IM apply different percentages to adjust the parental contribution when multiple siblings are simultaneously enrolled in college, and IM considers only siblings enrolled in undergraduate programs.</p>

<p>The IM expected family share represents a best estimate of a family’s capacity (relative to other families) to absorb, over time, the costs of education. It is not an assessment of cash on hand, a value judgment about how much a family should be able to use current income, or a measure of liquidity. The final determinations of demonstrated need and awards rest with the University and are based upon a uniform and consistent treatment of family circumstances.</p>

<p>Except in the most extraordinary circumstances, Colleges classifies incoming students as dependent upon parents for institutional aid purposes, even though some students may meet the federal definition of “independence.”</p>

<p>Students enrolling as dependent students are considered dependent throughout their undergraduate years when need for institutional scholarships is determined.</p>

<p>For institutional aid purposes a student may not “declare” independence due to attainment of legal age, internal family arrangements, marriage or family disagreements.</p>

<p>arsenal,</p>

<p>the money that your mom has in the bank from your grandfather will be seen as an asset in determining your EFC.</p>

<p>Just keep in mind that any FAFSA EFC that is posted here now is estimated. I doubt seriously that anyone has completed their 2005 tax returns, so any filings of the FAFSA would be “will file” status. While we received a SAR, we KNOW that this will change somewhat because our incomes are somewhat different this year…not a lot higher, but a little. However, our assets are less. When we submit the final numbers after Feb 1 our EFC will be more notable.</p>

<p>::::::dancing in the streets::::::::
not to gloat or anything- but D will be graduating this year- and is planning to work for a while before attending grad school- so I don’t have to fill out the FAFSA OR the PROFILE for another couple years</p>

<p>arsenal – </p>

<p>since your mother has assets that she will be expected to use to pay for your college AND there is no consideration for the amount of debt that you carry – it would most likely be to your mother’s best interest to pay off any debts she might have, credit cards, car loans, etc. Also – if any large purchases are anticipated over the next year – it would be best to do those BEFORE you file the FAFSA. That would include appliances, computers, vehicles, etc.</p>

<p>The key is to use your current assets wisely now, so they won’t be counted against you.</p>

<p>i dont get what EFC of 332 mean</p>

<p>it means that you are expected to contribute $332 to your college fees. that is pretty low which means you should probably get a lot of financial aid (assuming that you go to a school that meets 100% of financial need).</p>

<p>thats the thing. I don’t think it’s suppose to be low. My dads a contractor and we estimated he makes 35000 a year and my mom 15000 a year. So AGI = 50000. So that’s low?</p>

<p>wow, 332 does sound a little low. but if that’s what fafsa came up with, there must be a reason for it. if you think it is wrong, then maybe you made a mistake. i would look into it if you genuinely think that 332 is too low…</p>

<p>99,999 jr. bacon cheeseburgers</p>