UF Honors vs UNC with some debt

As noted, you (parent) would be taking out a $13,000 loan. Your D would be eligible for the rest. Is that something you are ok with? Do you have any other children who will be entering college soon?

UNC meets full need, but for us it calculated need based on the Fafsa EFC despite also requiring the CSS profile. Your package could include a loan for the student.

UNC does not guarantee an acceptance to the business school. That is something you need to consider.

These are both excellent schools. At the end of the day it is going to depend on your daughter and what she takes advantage of. It will also depend on you, and whether you can afford to pay back your share of the loan (who is paying back this loan?). Do you have other kids? Will your EFC be reduced if another child goes to college (I would ask given new Fafsa rules?), can you afford to take out loans for other children who may be attending school in the future?

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