Which other schools do you think I should look at?

mom2collegekids
Thu, 13 Sep 2012 17:18:04 +0000

*AstrosJake

i could do maybe $15k a year, but it would still all be taken out in loans. in a couple years, my family will be able to pay something towards school. we just can’t right now.
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If your parents’ income is dropping for a few years, then it’s doubtful that they would want to co-sign those loans…they might not even qualify.

Besides, that would be $60k in loans.

BTW…after your parents’ income resumes, they will likely have to play “catch up” on the many things that had to be put on the “back burner” during the income drop. It’s doubtful that they could just immediately start helping with college costs.

At a minimum, you need to apply to some schools that will FOR SURE give you large merit for your stats, so that your remaining costs can be covered with a Stafford loan, summer work earnings, etc.

Purdue costs over $40k per year. You might get a $9k merit scholarship. NOT MUCH. You’d still be stuck coming up with over $30k per year…WHERE would you get that???

You need huge merit from OOS publics.

As for schools like Rice…yes, they meet need. However, your chances for acceptance are just so-so. and, I don’t know if their Col of Eng’g has even higher req’ts.

*Quote:
If a school like University of Minnesota wasn’t able to give me enough financial aid, I think that if I went and visited the school and sat down with the financial aid department, they could point me in the right direction of what I could do to get my total costs down
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Uh…no…Schools like UMinn already have their hands full trying to uncover enough aid for their instate students who have LOWER COAs. No offense, but they would have little incentive to find you more aid.