What is EOP and how much does it cover?

Paying for College
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<p>there is a 0 EFC student on another thread with a bad FA package…it has a $27k private loan in it…plus the regular Stafford loans.</p>

<p>The student thinks that next year (his soph year), he can apply for EOP and that will cover the $27k. </p>

<p>What is EOP and how much will it cover? Would it really cover $27k per year? That’s over $75k for four years. Where would this money come from? Taxpayers? (if so, that’s crazy)</p>

<p>It would seem to me if every EFC 0 student could get EOP to cover big gaps to pricey schools, then why do we see low income kids with big debt at NYU and other schools?</p>

<p>and, why would low income kids do ROTC to pay for college, if they can just get EOP to do it?</p>

<p>Please explain all of this to me. </p>

<p>Thanks :)</p>

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<p>At the colleges I’ve been to, EOP is just Educational Opportunity Program and is simply meant to give more opportunities, not grant aid. At the UC I attend, it simply guarantees four years of on campus housing (normally only two years). There are also special scholarships you can apply for and various workshops. It’s meant for those kids who come from low-income families/disadvantaged backgrounds.</p>

<p>To my knowledge, I’ve never seen more than perhaps book waivers be given (and that was only at one of my CCCs). Certainly not near enough to cover entire COA. But it could always be different at a different college :)</p>

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<p>[CSUMentor</a> - Plan for College - EOP - What Is EOP?](<a href=“Cal State Apply | CSU”>Cal State Apply | CSU)</p>

<p><a href=“Cal State Apply | CSU”>Cal State Apply | CSU;

<p>"Financial Assistance. </p>

<p>If you are applying for financial aid, you must file a Free Application for Federal Student Aid (FAFSA). This form is used to determine the EFC and allows the campus financial aid office to determine financial aid eligibility and consider
the student for an EOP grant for up to $2,000 per year. However, due to limited campus program funding, the average award per student is $900. You must file the FAFSA as soon as possible after January 1, 2011, and before the California financial aid priority filing date of March 2, 2011. EOP grants will be awarded only as long as funds are available. You will have a better chance of receiving an EOP grant and other financial aid for which you are eligible if you apply as soon as possible"</p>

<p>Income Criteria
<a href=“Cal State Apply | CSU”>Cal State Apply | CSU;

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<p>Is NYU known for making their undergraduates take out a lot of loans? Why has the OP singled out NYU?</p>

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<p>Thanks Shrinkrap!!</p>

<p>So, the largest grant is $2,000…but may be less because of campus funding? If that is true, then this poor student has been seriously misled. </p>

<p>Does anyone else know if $2000 is the largest EOP grant?</p>

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<p>My links might be specific to California.</p>

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<p>Why has M2CK singled out NYU in her post?</p>

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<p>I think the other poster was referring to a NJ program, which is good only for NJ residents going to school in NJ</p>

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<p>Because NYU is the poster child for expensive schools with really bad financial aid. They say only a very select few get adequate FA while the rest are left to figure out how to cover large gaps. Many times that means large private loans.</p>

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<p>The OP in the other post who brought up EOP is a NY resident trying to attend NYU.</p>

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<p>The Op in the Other Post I was talking about was a NJ guy looking at Seton Hall or NJSU</p>

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<p>I am in EOP and it does not give me any financial aid whatsoever.</p>