State Schools Vs. Private universities.

skins4life09
Fri, 12 Feb 2010 01:21:19 +0000

It all depends on financials and academics. I had this very same dilemma my senior year.

My first choice school was Randolph-Macon College, a private college in Ashland, VA. They awarded me a 15,000 yearly scholarship which covered only part of the total 40,000. Financial aid grants and loans, Perkins and Sub/Unsub, were maxed out leaving a gap of about 5000. I received a 3000 scholarship from SWCS which would have left about 2000 for me to come up with through workstudy and payments. . In all, I would have left college with over $80,000 in loans for the private school. If it was Yale, then I’d consider it.

On the other hand Instate Public, which I favor. My financial aid covers everything including books! I’ll leave with only about $20,000 in loans and the total amount only costing me over 4 years, a little under $80,000. Big difference from RMC. Additionally, the $3000 SWCS scholarship was used to purchase a laptop for school, supplies for the dorm, and a little extra still left for emergencies.

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I’d say InStatePublic is the way to unless you’ve got some money to spare or a GOOD scholarship.</this>