Question about Full Ride to University of Alaska-Fairbanks

<p>???</p>

<p>If you don’t have money for Room and Board, then how would you have money for a WUE school? You’d be paying for tuition, room, board and the rest of the costs.</p>

<p>How much CAN you pay? If the number is very low, then you need to go to a Calif public as a transfer.</p>

<p>WUE works best for those who can pay. Scholarships aren’t usually available for WUE students AND since you’re still OOS, much aid isn’t likely.</p>

<p>ucbalumnus’s post has a list of WUE-eligible majors.</p>

<p>No California public school offers my major, “mom2collegekids”. Its petroleum engineering; between UAF and other colleges that offer petro-engineering UAF is by far the cheapest in overall cost and it is on the front lines of oil production. In any event I will take out loans because the starting salary is high enough where I won’t have to worry about being in debt for long.</p>

<p>[Financial</a> Aid Office | Tuition and fees](<a href=“http://www.uaf.edu/finaid/costs/]Financial”>Tuition & fees | Financial Aid Office | Financial Aid)
You should be eligible for WUE tuition at UAF, but that still leaves ~$15k in annual expenses. You cannot borrow that much alone. Will your parents cosign loans?</p>

<p>The oil industry is up and down, so don’t get overconfident. Mechanical and chemical engineering are also very relevant majors.</p>

<p>No, I will not have any financial assistance from parents. I know it screws me over even more because I am middle class. Where does this leave me??</p>

<p>PetE isn’t a necessary major to work in the oil industry. A ChemE degree would work just as well…so would MechE.</p>

<p>In any event I will take out loans because the starting salary is high enough where I won’t have to worry about being in debt for long.</p>

<p>YOU can’t borrow much. YOU can only borrow $5500 for frosh year, 6500 as a soph, 7500 jr, 7500 sr.</p>

<p>To borrow more, you’d need willing a qualified cosigners to cosign EVERY year (and requalify each year). Will your parents do that? if not, then you won’t get the loans.</p>

<p>Since you’re not likely going to get the funding to go OOS, which major, ChemE or MechE might interest you?</p>

<p>I can’t imagine that going to UCLA with 31k annual cost will be much cheaper (even with financial aid) than going to UAF with about a 17k annual cost. I will not have cosigners even if I go to an in-state school. Does this mean I should abandon the thought of going to college? Remember that I originally posted about getting the UAF Nanook Scholarship which covers FULL Tuition, bringing that 17k to under 10k plus the other scholarships that I qualify for.</p>

<p>It certainly doesn’t hurt to apply and see what happens, but you need a backup plan. Perhaps try to work and take classes part time?</p>

<p>Have you called to ask about OOS transfer scholarships yet?</p>

<p>I have to be out of my house by summer 2014 so I’m taking as many courses as I can while earning just enough money to pay for food, gas, and insurance on my car. I am still waiting for the university to reply since I believe they are on break right now. Do you think that WUE students count as in state transfers or is it something seperate from both instate and OOS transfers?</p>

<p>???
Where are you getting that UAF has an OOS cost of $17k? The OOS cost is over $31k.</p>

<p>Tuition and fees… $18,962
Room and board… $7,450<br>
Books and supplies $1,400<br>
Estimated personal expenses $2,250<br>
Transportation expenses $2,000
Estimated Total… $31,462 </p>

<p>Do your parents earn under $80k per year? If so, then you’d qualify for Blue and Gold at UCs. Also likely get other aid.</p>

<p>You can’t count on getting full tuition from UAF since you don’t yet have test scores, and it’s not certain if OOS students get that much. </p>

<p>For WUE, you’d be an OOS transfer. </p>

<p>Since you don’t have cosigners, you’re going to have to strategize to get the best deal. Do you have relatives that you can live with while commuting to a univ?</p>

<p>What would New Mexico schools give you? Look at both UNM and that public tech school in NM.</p>

<p>I know several successful engineers who worked for a while and saved money before getting their degrees. Might be something to consider, especially if you gain residency somewhere with affordable in-state schools.</p>

<p>It sounds like you are living on your own. I don’t know much about emancipation, but you might be able to get more financial aid in-state as an independent student. Perhaps someone else can talk about that?</p>

<p>Go ahead and mention that you are WUE, but since you need substantially more than that I don’t think it is a big deal.</p>

<p>So, you got an answering machine or recording when you called?</p>

<p>EDIT: m2ck, OP can pay WUE costs as a transfer. It works out to around $17k. Still too high.</p>

<p>OP can pay WUE costs as a transfer. It works out to around $17k</p>

<p>Do you mean at UAF? WUE is 150% tuition. That would put costs about about $20k. $17k would be for instate.</p>

<p>OP…what about health insurance? Will your parents cover you or will you need that? What about cell phones, car insurance, etc?</p>

<p>^ See link in post #24. Not accounting for travel, books, insurance, etc.</p>

<p>This is purely academic anyway unless additional aid is in the picture.</p>

<p>Am I reading this wrong?!?!?
[Financial</a> Aid Office | Tuition and fees](<a href=“http://www.uaf.edu/finaid/costs/]Financial”>Tuition & fees | Financial Aid Office | Financial Aid)<br>
I live in California. Therefore, I will qualify for WUE. This is Approximately $17k annually! Only $3k more than In-state students are paying! Additionally, PetE students qualify for loads of grants/scholarships offered by the petroleum companies.</p>

<p>I am not going to be on vacation you guys! I will be living on campus, I will not be traveling, I will only buy what I need to survive. I just got off the phone with the financial aid department and said lacking cosigners is not a problem. I will just have to take out loans to cover everything else.</p>

<p>Who is going to offer you loans without a cosigner? Did they give you a name?</p>

<p>Why is everyone encouraging me to put a financial burden on someone other than myself for school? It is me going to school not my relatives. I will not put a financial burden on them. There has to be a way I can go to college without having someone cosign a loan. Is Federal Work Study a viable option?</p>

<p>No one is encouraging you to burden your family. We are being realistic about the willingness of lenders to loan money to a young student with few assets and little to no credit history.</p>

<p>Will your parents/guardians help you fill out a FAFSA form?</p>

<p>Yes I think thats the most that they will do regarding financial aid. So pretty much everyone in college has gotten their parents to cosign loans? I</p>

<p>How are you paying for community college now? Sorry if I missed this.</p>

<p>Do you qualify for need-based aid in CA? I’m not an expert on that, but if your family is low-income there might be some financing options available.</p>