@Petal12
Can you offer a breakdown of your financial aid package from Miami - grants, loans, Pell, work study, etc. If loans and work study are already bundled into your offer, 8K per semester will be hard to manage and would leave you with a lot of debt. If not, then it becomes more feasible.
As the case of Miami shows, even if your EFC is indeed zero, this does not mean that is what you can expect to pay. I helped a friend who had a similar family income to yours. Meets full need sometimes means that a school will offer you 60K in loans.
Can your parents contribute anything? Even if you managed to get into UT Austin, by no means a sure thing, youâd still have to pay room and board. Full Pell plus Stafford Loan plus a part time job would get you close to that but would leave you with some debt to repay after college.
As UT-Austin offers full tuition for families with less than 65K income, Iâm going to assume that your family income falls below that. Upthread, somebody mentioned 35K. That income level (assuming no assets or a non-custodial parent that has high income) would enable you to get generous need-based aid at schools that promise to meet full need. However, most of those are highly selective and historically (before COVID) also required high test scores. If you were to take a gap year, this could be a great opportunity for you as many of these schools have now gone test optional.
I donât know if itâs possible to apply for Questbridge if you are taking a gap year. Google to find out. This is a program for low income students (threshold is around 60-65K/income year) that is a pathway for selective college admissions. Your grades seem sufficient (did you ever post your unweighted GPA?). I donât know if Questbridge has also gone test optional - if it has, it might be worth checking out with your current record. If not, to improve your changes, a better standardized test score would help, if you are able to get a seat at a testing center. If you havenât yet done so, you might try a full length practice ACT to see if that is a better format for you.
Finally, check out this thread:
http://talk.collegeconfidential.com/college-admissions/2131364-reject-train-going-full-speed.html
This poster had low income and high stats and ended up with no affordable options. His situation was different because of his residency status and that complicated his financial aid eligibility. However, there are lessons to be learned from his case. He established residency, took a gap year, went through Questbridge, expanded his college list, reapplied to some schools and submitted new applications to others. He had many options for his second round. His success was due to his tenacity, academic record, his willingness to listen and take advice, and the support of experienced CC posters.
Good luck and Iâm sorry that you were poorly advised about your application strategy during your senior year.