I'm a 26 year old student, and I've applied to transfer to a University in January. I'm at a community college now, and my financial aid, grants and loans covers all my tuition, and also my living expenses (I found a cheap apartment off campus), if I move into on campus University owned apartments, will the financial aid package include the cost of on campus housing in my total expenses? I don't have a lot of money and rely on my financial aid to cover 100% like it has since I've been at the community college. Is this possible, or am I being too hopeful? I guess what I'm trying to say is, will financial aid cover 100% at a University like it has for me at a community college?
2006-08-12 12:14:03 · 4 answers · asked by Anonymous in Education & Reference ➔ Financial Aid
yes. You may have to take out some loans, but that's what college loans are for, right.
So are you talking about grants and scholarships only, or all types of financial aid? If you get loans, the University doesn't care which one you use to pay for your classes, your food, your housing, or whatever, they just want to be paid. But in these times the only way you can expect to go to college without incuring debt is to have rich parents or get some sort of full ride scholarship by being a REALLY good athlete.
2006-08-12 12:18:08 · answer #1 · answered by Tonya in TX - Duck 6 · 0⤊ 0⤋
If your financial aid award is presently specific to your community college it will not transfer with you. If your financial aid is in the form of loans, the loans are dispersed to the university to cover the expense that has been incurred at the university. The university then refunds to you any additional monies due you beyond the tuition, etc. costs incurred for that semester at the university. Therefore, if you request loans for amounts that are more than the tuition that money is refunded to you after the university pays itself. That money is then your living expenses for that semester. Scholarship monies vary and are specific to individual cases. I would check with the Financial Aid department at the university where you will be attending. Good Luck.
2006-08-12 13:25:35 · answer #2 · answered by Gail W 2 · 0⤊ 0⤋
Go back to the institution that gave the financial aid, grants and loans and ask. I am sure there is possible continguencies such as this built into their system, and if not then you will know for sure before you transfer.
...jj
2006-08-12 13:17:32 · answer #3 · answered by johnny j 4 · 0⤊ 0⤋
Yes. Books and extra expenses as well.
They cut you a check for any amount that is more than your actual tutition costs.
2006-08-12 12:20:08 · answer #4 · answered by PRETTYGIRL 2 · 0⤊ 0⤋
no. you more then likely have to take out a student loan.
2006-08-12 12:17:38 · answer #5 · answered by george 2 6 · 0⤊ 0⤋