<p>Joseph A. Sellinger S.J. Scholars $6,250
Federal pell Grant $5,000
Federal ACG Grant (1year) $750
Federal Supplemental Grant $1,250
Claver Grant $22900</p>
<h2>MD educational assistance grant: 3,000 </h2>
<p>Free money…$39,150</p>
<p>Federal Direct loan-subsidized $3,500</p>
<h2>Federal Direct loan-Unsubsidized $2,000</h2>
<p>loans…$5500</p>
<p>Federal Work study $2800
Gap…5320</p>
<p>Ok, but what is the COA breakdown? There usually is some padding in there for transportation, personal expenses, etc. Until we see that, we can’t see what you’ll need in hand in the fall. </p>
<p>BTW…if your parents apply for the Plus and are denied, then you can borrow $4k more from Stafford.</p>
<p>a nice part about getting the pell grant (besides the extra money) at the college i will probably go to, depauw, is students who recieve it also get first choice with work study jobs.</p>
<p>Both my kids use their workstudy earning as personal spending money. “Personal expenses” is normally an item counted in to your overall cost of attendance. Many students use workstudy for that purpose. Some make enough to also buy textbooks with their workstudy earnings, but yes, you’d have to figure out something else for the first term (summer earnings?) because it will take awhile once you get to college, find a workstudy job, and then work up until the first pay period.</p>
<p>Another advantage to a work study job is that you will not have to work when you are on vacation from school. Many retail jobs will require you to work over their busy holiday times.</p>
<p>If you want to leave for the summer it’s no problem with work study, but you might have to quit a non-campus job if you don’t want to stay there over the summer.</p>
<p>Very few employers will offer the flexibility of an on-campus job. On campus employers understand that you might need to arrange a completely different work schedule every semester or quarter to accommodate your classes.</p>
<p>I would recommend getting work study first, and then get another job if you need to and have room in your schedule.</p>
<p>Different colleges approach work study in different ways. I know several students who are in jobs where they really do very little, and have (paid!) time to study. Their college is sort of creating work-study jobs as a way of providing financial aid even though there isn’t a huge amount of work to be done on a consistent basis.</p>
<h2>Room …4,275 (Does this include meal plan??)</h2>
<p>Total per semester…$23,950 (not including books)</p>
<p>$39,150 in free money ($19,575 per semester)</p>
<h2>$5,550 in loans ($2750 per semester)</h2>
<p>$44,700 (not including w/s) $22,350</p>
<p>Books: about $1000 per year ($500/semester)</p>
<p>Ok…so it looks like you’ll have to come up with about $2000 for fall. That would be before your work study begins. So, do you have a summer job?</p>
<p>I think you need to pursue the route of having parents apply for a Plus loan and hopefully get declined. Some have speculated that if you have only one parent apply (the parent with the lower income and maybe worse credit), then you’re more likely to get declined. Once declined, you can borrow $4k more from Stafford.</p>
<p>Housing damage deposit… 45
Orientation …165
(The above are one time fees.)</p>
<p>Luckily I saw this thread. I never realized that work study is included after school starts. I’m stuck in a situation where if I commute to the school I can get everything paid, but of course I would need to have a job to pay for a car and the gas. But other wise now I would need to get a summer job to make the money to attend in the fall. For the food Loyola just uses a pay as you go pretty much. So if you eat less you pay less.
The thing about my dads job is that I’ve seen a trend in decreasing income in pretty big amounts. Even if he does not get the loan, I don’t want to take big loans out yet. Also my parents don’t want to really pay. My brother has a full scholarship to Georgetown, so maybe they think I should of gotten the same.</p>
<p>What I was thinking about doing was a loyola 3-2 plan. Its suppose to get you into Columbia university. So I would pull off living 1 year at loyola, then 2 at home. My first year is the most important becuase if I pull of an A average I would continue for that plan.
[3-2</a> Program](<a href=“http://www.loyola.edu/physics/3-2%20Program]3-2”>http://www.loyola.edu/physics/3-2%20Program)</p>
<p>I still don’t know if I’m aloud to do this but if I am I will go for it. I’m visiting the school Saturday to get more information and to talk with a counselor. My goal is to be able to achieve a masters or a bachelors in a recognized engineering college, like Columbia. But there’s always the possibility I just stay at loyola</p>
<p>How do work-study jobs get distributed once the students get to school? Do they just go to some office, read job descriptions and apply for things? I am assuming that returning students have first choice to keep jobs they previously held?</p>
<p>I’m not doing anything during the summer and I need those $2,000. If I don’t get a job I will be in real big trouble. Right now I wish I had applied to some scholarships. The only possible ones are school scholar ships. At the moment I’m top 10% so I should have a good chance. The top 5% are going to big schools like penn,cornnel, penn state (main campus). So I doubt anyone at top 5% will apply since they got full scholarships. Hopefully I can find a job in this mess of an economy.</p>
<p>Start looking now for a job…even one that begins very part-time before graduation.</p>
<p>Don’t be picky. Be willing to do ANYTHING. Let me tell you this, once you find a job, it’s easier to find another. My son found a job at McDonalds (not his first choice), but he took it and kept looking. He was able to quickly find another job. He worked both for awhile, but then gave up the McDonald’s job. He was able to make a lot of money that summer.</p>
First, congrats on the acceptance and FA package … hopefully college will be great. I’m not sure how to interpret your comment about not doing anything this coming summer … I’d suggest finding any work you can and working as much as you can. When I was in a similar situation to your situation I ended up working two jobs … one as a short order cook working split shifts and the second as a pin ball hall attendent … to be honest the summer sucked having worked 60-70 hours a week all summer … but when school started I was glad to have some pocket money and to only have to work about 10 hours a week during school to make ends meet. PS - I also snuck in a couple weeks of work during the winter break … again it sucked having less of vacation … but it made my time on campus a lot better.</p>
<p>Well if you are awarded workstudy you are assured a job in campus (thats what has happened to me). Also a plus that usually happens you work on campus being close to class (its a win for me I would get out of work and go straight to class). Although you are limited in the hours you work (I can only work max right now 12 hours a week). Also it doesn’t go to your tuition I believe because you might need cash to pay other things (bills, utilities, payments). Some places its hard to find a job and well if you can’t find one go check with workstudy the extra cash really helps. They seem to be basically the same its just up to you if you want to work for work study or seek a job (you can work more hours at a job). Also in work study they tend to work with you better on the hours you want to work since school comes first (comes in handy when you have an exam and you have to study). At times at a real job work comes first. There is no penatlys if you miss days in work study (never happened to me) in a real job there tends to be penalties when you miss certain amount of days.</p>
<ol>
<li><p>Work Study earnings are not included as income on your next year’s FAFSA.</p></li>
<li><p>Work Study jobs are NOT NOT NOT guaranteed. The student needs to apply and find their own WS job.</p></li>
<li><p>Most work study jobs are very flexible when it comes to work hours. For example, if you have a big exam or project due, they will adjust your hours…this may NOT be the case with an off campus job.</p></li>
<li><p>Work study jobs are mostly on campus making them easier to get to than off campus jobs. </p></li>
<li><p>Work study money CAN be used to pay your tuition. Just take your Work Study earnings over to the bursars office and make a payment. Some schools (DD had this option) will automatically deposit your WS earnings into your bursars account to cover billable things. HOWEVER most kids use WS monies for things other than tuition/room/board/fees. They use WS money for books, travel home, discretionary spending.</p></li>
<li><p>Some work study jobs on campus are also REGULAR jobs. If you can find one of these it’s great because you can continue to work even if your WS funds run out.</p></li>
<li><p>Some schools have more WS jobs than non-WS jobs for students to apply to. YMMV depending on the school.</p></li>
<li><p>DD has had WS for all four years of school. She usually works 10 or so hours a week. However, she also runs an admissions program and therefore at some times, she works more hours. Her job is work study, but if her work study funds run out, she continues to be paid by the university…best of both worlds.</p></li>
</ol>
<p>DS did NOT have WS…but he worked off campus about 12 hours a week.</p>
<p>That’s true, and also your tuition bill is usually due before you get your first paycheck (and if you’re a freshman it’s usually due before you even have a chance to find a job).</p>
<p>*Well if you are awarded workstudy you are assured a job in campus *</p>
<p>No, no, no. don’t assume that what went on at your school goes on at other schools. Many, many schools have more students given w/s than they have jobs to give. There is no guarantee. None.</p>
<p>I didn’t mean I am not doing anything as in I refuse to do anything. I meant that I had nothing planned. No trips or anything so of course I want a job. I would really want to work at a library during the summer. Won’t be a tiresome job and at the same time could gain work experience. Two summers ago I worked in a T-shirt factory and it was terrible. I have AP test in 1 week and then 2 weeks of test. But after that my school is letting the senors off. Just have to return for 2 finals and that’s it. So I’ll probably look for a job then.</p>
<p>So now I have a couple things to as about when I go to loyola on Saturday. Should I bring my payment directly to them on Saturday and my acceptance of their finical aid package. Or should I just do the payment online? If I where to bring my payment can I give it to them as a money order?</p>