<p>interesting fact- the college I will be attending (George Washington) offers half price tuition for the second sibling attending the college. Great deal (especially considering the high tuition) for siblings that are both interested!</p>
<p>My brother is going to finish undergrad this spring, and may (or may not) go into grad school. My sister is in dental school. Are they in college next fall?</p>
<p>
What is the difference between paying for two kids over 6 years, where you have to take loans for two years when both are in school, and then paying the loans back in years 7 and 8, vs. paying evenly over 8 years?</p>
<p>A tiny bit of interest - certainly not enough to justify a 50% reduction in EFC.</p>
<p>Maybe “punished” isn’t the right word, maybe “penalized” is better.</p>
<p>In this question “how many ppl in yr parents’ household will be college students”, the answer should be “1” if it is just my dd going to college in the Fall, is that correct?
Thanks.</p>
<p>Lovestotravel, yes of the only one attending college in the fall is your daughter, the answer is one.</p>
<p>Thanks thumper. I figured but just rechecking.
Thank you again.</p>
<p>We have saved the day care money we paid when our kids were toddlers and put it in a 529 account for 15 years and have budgeted a certain amount for each year for each child. We are able to send our kids to $45000+ colleges because of the merit/scholarship aid they received and because we only will send them to schools within our budget (which is not $45000). By the way, you get “penalized” for saving for college, too! (We have cut back in many other areas, too. I have 20 year-old carpet and drive a 98 Camry!) Look at the offers your student gets and see what you can handle. My oldest didn’t go to his dream school because of too little financial aid.</p>
<p>To the original poster, if you are worried about receiving enough money because you are the only person in your household attending college, do not worry.</p>
<p>Although the Expected Family Contribution (EFC) for two children going to college is cut in half (50%), this does not give an unfair advantage.</p>
<p>The maximum amount for the PELL grant is 5,500. Even with the EFC less, the students can only receive the maximum amount. </p>
<p>Whatever is not covered is not covered by the PELL grant is left up to the family to pay for.</p>
<p>I’d imagine, for example, that The Jones Family with a $60,000 income and 2 students attending college would have a harder time than would The Smith Family with $60,000 income and one student attending college. This is with the EFC cut in half. If the tuition was $14,000, the Jones family would pay $17,000 per year and the Smith family would pay $11,250 (if the Jones received full PELL and the Smiths received half).</p>
<p>The Jones ($14,000 - 5,500 ea.):
$8,500
$8,500
= $17,000</p>
<p>The Smiths (14,000 - 2,750):
$11,250</p>
<p>The Smiths would save $6,000 more per year with 1 student in college than the Jones who have two students attending.</p>
<p>It looks like, in all actuality, it is more advantageous to have one child in college at one time and to space them a part than it is to have two…</p>
<p>^^^Yearly, not overall^^^</p>
<p>i agree this quote</p>
<p>In fall our oldest child will be attending a $50,000+ school and our 16 year old will be attending community college full time (dual enrolled) to complete high school/community college simultaneously. The total cost for the community college is expected to be $2000 for fees, some tuition and books). Is it appropriate to indicate that 2 kids will be attending college full time or should we indicate that only one will be attending?</p>
<p>Yes some colleges do have siblings discounts, George Washington was one that was half. I remember hearing about Catholic U, Stonehill, Seton Hall was 10% and others…it doesn’t hurt to ask or search. One college didn’t have it on website but if you asked the FA office, they told you.
This old thread I started 3 years ago came up in a search:
<a href=“http://talk.collegeconfidential.com/parents-forum/473616-sibling-twin-scholarships.html[/url]”>http://talk.collegeconfidential.com/parents-forum/473616-sibling-twin-scholarships.html</a>
One thing to remember which seems obvious, is that a great deal with 3 in or 4 that are staggered can change dramatically when they graduate. I heard a parent saying they were eating in and cutting back in other ways because her son graduated and her daughters EFC went up and of course the regular tuition. A nice perk, but it changes if a child graduates or takes a leave of absence.</p>
<p>If your community child student is dual enrolled and is using those courses to fulfill high school graduation requirements, you can NOT include them in the number attending college.</p>
<p>thumper, I’m not sure if that’s true. I heard from a college adviser that if one child is at least attending a CC half time, they count as being a college student for the purposes of the FAFSA and the Profile. Of course, the Profile will ask you exactly how much you spend on that one child’s CC tuition so it may not help you very much. </p>
<p>Then again, if the student is a high school student, they are a high school student. But you can still put their CC expenses (and high school expenses) on the Profile.</p>
<p>as a mother of triplets, vs. singletons, I had to begin saving for all three at once for college, as well absorb all other costs that come along…at the same time. Diapers, formula, day care, car insurance, etc. Without the ability to stagger the perpetual expenses, there is just less money to go around, and no recovery time. When my kids go to college, times three, I will not have income, I will only have outcome! This adjustment to the family contribution seems reasonable considering that it represents reality. When my kids are in college, 1/3 of my contribution will go to each of them. I can’t multiply my income times 3, but that would be nice.</p>
<p>Thumper is correct, regardless of what the (misinformed) college advisor told you.</p>
<p>The point is that if the student is using the community college credits to FULFILL HIGH SCHOOL GRADUATION REQUIREMENTS…they cannot be listed as a “college student” on the FAFSA.</p>
<p>^ this is correct.
Look at it this way, will the high school student who is also taking community college classes be applying to colleges as a transfer student or as a freshman?
If they will be applying as a transfer, then perhaps you could make a case for them to be considered a college student now- but otherwise no.</p>
<p>Actually Emerald, my daughter WAS able to transfer her dual credit college courses to her college. BUT the year she was a senior in high school taking these courses, they were to fulfill her HIGH SCHOOL graduation requirements and she was NOT eligible to be listed as a college student on her big brother’s FAFSA or Profile.</p>
<p>I wasn’t talking about transferring credits:) I am aware that both Ap test scores and college classes taken in high school can earn advanced placement credit at some universities. However did that student apply to the university as a new student or are they applying to the transfer pool?</p>
<p>My sister is not a dependent of my mother and makes her own salary but she lives in our house and is in college. Does she count?</p>