(I'm Canadian)
I want to take a program that's 1 year and 8 months, and costs $26,000 per year tuition. Who in the world has that kind of money? Is it totally normal for everyone to get, like, $50000 in student loans? Or do all programs give enough funding that it's no big deal, and they just say the $26,000 number to scare you off?
2006-07-20 07:52:40 · 8 answers · asked by Anonymous in Education & Reference ➔ Financial Aid
You have four ways of getting funding for school if you (or your family) can't afford it.
Scholarships - either through the school or privately... check out www.fastweb.com for scholarship listings
Loans - Yes, it's very normal for people to take out loans. I am about to start law school and will be $140K in debt by the time I am done
Grants - I'm not sure if the US gov't gives grants to foreign nationals, but you can check into it. Fill out the FAFSA online.
Work Study - you do work either at the school or at least through the school to pay off part of your tuition.
Hope this helps!
2006-07-20 07:59:34 · answer #1 · answered by MDPeterson42 3 · 1⤊ 0⤋
Well for one, $26000 a year in TUITION alone is outrageous, even for an American university.
Two considerations here - First - you're Canadian... You'll be paying international student rates to go to school in the U.S. Reason being, you don't pay taxes here and public universities are in a big way tax supported.
Second - If the university you're considering is private or "ivy league", then it's not intended for anyone but the rich to attend. Consider a public (state/regional/city) university instead. Tuition rates vary wildly between different schools - shop around. You'll likely still get stuck paying international tuition, however.
My entire 4 year degree only cost $40,000 in loans - and that covered all my expenses. Grad school isn't that much higher.
2006-07-20 09:27:37 · answer #2 · answered by lotherius 3 · 0⤊ 0⤋
Private school is far more expensive than state schools, but you're paying for prestige. The education or resources may or may not be better.
If you grades and GRE scores are high enough, you'll qualify for a RA or TA position, and that comes with a tuition waiver and a stipend of between 1,000 - 2,000 a month. Most of my expenses are in housing costs and in opportunity costs, the money I could be making right now if I were not in school
2006-07-20 07:59:44 · answer #3 · answered by KFIfan 2 · 0⤊ 0⤋
I work for a University full time, so I only pay 25% of the tuition. It would not cost $26000/yr, though. More like 10000/yr.
Most people do get a graduate assistantship working for a prof. and their tuition is waived.
2006-07-20 08:01:15 · answer #4 · answered by Phoenix, Wise Guru 7 · 0⤊ 0⤋
Depends what you're going to grad school for. If you're in a high-demand area like law or medicine, you foot the bill. In other areas, one usually gets an assistantship (either teaching or research) where your tuition is usually paid.
2006-07-20 07:58:02 · answer #5 · answered by TheOnlyBeldin 7 · 1⤊ 0⤋
Yeah, welcome to generation debt. I lucked out and found a well-respected city college that has my program for grad school. So tuition's cheap, unfortunately living expenses are not.
The goal is to spend money to make money. Odds are in 2 yrs, you'll be in a position to make more money to pay off those debts faster.
2006-07-20 09:47:25 · answer #6 · answered by ronnieneilan1983 3 · 0⤊ 0⤋
Most people go WAY into debt with student loans to get an education. Others get lucky and get some scholarships.
But normal people like me, don't get to go to grad school. I don't want the debt.
2006-07-20 07:56:59 · answer #7 · answered by tweetymay 6 · 0⤊ 0⤋
http://www.daylon.com/scholarship/
that might help.
2006-07-20 09:13:59 · answer #8 · answered by nolyad69 6 · 0⤊ 0⤋