Scholarships & Financial Aid

NYDadandMom
Sat, 04 Apr 2009 16:03:53 +0000

We just received our son’s financial aid package and were shocked. We have one in college already, at a school where the financial aid commitment is to meet 100% of demonstrated need. I guess Fordham is unable to do that.

Our EFC is $2895, but the unmet costs after Fordham financial aid turned out to have been $17,500!

BTW, we will not be able to secure PLUS loans, having already been denied for our daughter.

Does this sound right?

Our son was already devastated that he was not accepted into any of his top choice colleges, but was happy that he made it inot Fordham, as we really enjoyed our visit there.

Now it looks like we may have to tell him he won’t be able o go there either…

Any thoughts or advice would be greatly appreciated.