If my dad bought a house in North Carolina 1 1/2 years before I go to college, will I pay in state of OOS tuition if I go to one of the UNC schools?
Important note
He is just renting the house out for now so my entire family is all living in NY
You will be OOS and pay OOS rates.
http://registrar.unc.edu/academic-services/residency/residency-classification/#require
If finances are a consideration, I’d look into how owning a second house and collecting rent may affect your aid. Run some Net Price Calculators (each school website has one) to get an idea what colleges might cost. You may want to apply to a couple SUNYs as financial safeties.
Have you run the NPC for UNC and UVA? If you qualify for financial aid, those are the only two public schools that guarantee to meet full financial need, even for OOS students.
Owning property in another state does NOT make a student “instate”. You have to live there.
About two years ago, a family bought a condo in GA and tried to pretend that it was a residence so that their daughter could have instate rates to UGA. It was discovered, they had to pay back the school for OOS rate, and the father was charged with a crime. And, the DD left the school because they could no longer afford it.
Your entire family…you and parents…reside in NY state. You are NY state residents. What would mak you think you would be residents of a state where NONE of you lives?
There are lots of folks who own rentals and vacation homes in states other than where they live. Their state of residence for tuition purposes wi where they actually reside…not where they own other property.
And regarding UVA and UNC-CH…both require the CSS Profile in addition to the FAFSA for financial aid consideration. But it doesn’t matter, because your rental property value will be listed as an asset on the FAFSA…and the rents from that property will be listed as income.
Sometimes families decide to actually have one parent and the child move to the other state. You and one parent could move to NC, you could go to and graduate from high school there, the parent could register to vote, get a license, perhaps get a job there. Of course that means you couldn’t rent out the 2nd home.
Most families aren’t willing to do that.
You would,have to move there with your parent a full year before you plan to enroll in college.
Oh…and you might want to see what would happen if your oarent decided to move back to NY and rent that house after you start cllege. Would you lose your instate status? I think so.
Would your family be willing to move?
Why not apply to your instate schools in NY?
In-state, at least I’m my state, (CA) means the property is NOT rented out.
Thanks to all of those who are responded, my whole family is definitely staying in New York. My dad did say I would pay in state tuition, I was just questioning the veracity of that statement since he knows nothing about the college process
Well…you can let your dad know that you would be paying OOS costs in NC.
Lots of good instate public choices in NY State!
Here is an example of the requirements for UNCC
http://ncresidency.uncc.edu/residency-requirements
Parents have been jailed and prosecuted for tricks like this.
It IS possible in some states - in Texas, for example, if the parents buy property that the student lives in, he or she can get residency beginning the sophomore year if ALL the other requirements are also met. It’s not simple, but it’s possible. And UT is willing to answer your questions and help you.
She was just asking, not claiming that she was doing anything illegal or planning to claim they lived there when they don’t. Just asked a question.
Father probably hasn’t kept up with thing and all the changes from the days when you could just buy a vacation home and pay instate. I was pretty surprised that adults could no longer be independent from their parents for FAFSA purposes until they are 24.
Gee, stop paying attention for 40 years and they change all the rule on you!
I don’t see a “trick” here. OP asked a question because he did not know the answer.
@MaineLonghorn I believe the Texas residency requirement has been tightened a bit. Plus…the other criteria must be met as well. And those are not all that easy to meet.
Thumper, they are tighter. You used to be able to buy cheap property in west Texas and have it count. Now you have to LIVE in the property that you own. That’s the difference.
Yes. ML…plus,be self supporting. Not an easy task for most full time college students.
But at most, if not all Texas public universities, doesn’t one get instate tuition IF one gets $1000 in merit scholarships from the college?