I currently go to a community college but i'm aiming at going to a great private university or UCLA.
Both will cost me a lot of money but the private being the most.
My parents have about $5000 they can give me a year.
I just applied for fafsa and my family contribution is about 7k.
My question is will the rest be covered??
For example 40k-7 k = 33k
How much aid do you think i can get?
I have my EFC number, should i take it to the college i want to go to in 2 years and ask them?
thnx
2006-10-31 12:33:52 · 7 answers · asked by I have Questions 1 in Education & Reference ➔ Financial Aid
Financial aid is adjusted from year to year and from college to college, and two years is a large amount of time to judge what financial aid would do. Also, the more competitive the college makes it harder to get financial aid due to the applicant pool sometimes.
If you really want to go to the great private college, either you will be lucky enough to be selected for some private scholarships, the financial aid form works more in your favor in two years, or you will wind up getting getting student loans. However, I do not recommend going for the student loan option more than you have to because it can be pretty burdensome once you graduate and have to repay them. An idea would be to work an outside part-time job or have a work study job, but if you go for the part-time job, it could hurt your financial aid package. However, the community college will help reduce the amount of student loans you will graduate with in the long term which will be great!
I recommend aiming for the good student financial aid based on grades. There are some colleges and universities out there who reward transfer students with great grades with good financial aid packages, but the only way to find out is to discuss it with the financial aid office.
Good luck!
2006-10-31 18:20:24 · answer #1 · answered by dawncs 7 · 0⤊ 0⤋
You should also talk to a financial aid advisor about your EFC and see if it can be adjusted. Is your income included in this EFC? If yes, will you earn the same amount of money next year? This is what is assumed when your EFC is calculated. So if your income will change, you or your parents have extraordinary expenses like medical or dental bills not covered by insurance, or you have siblings who go to private schools that require tuition that are NOT colleges/universities, they may be able to reduce your EFC which would increase your total aid. And yes, most private colleges like UCLA can afford to offer very large financial aid packages to students.
2006-10-31 20:57:53 · answer #2 · answered by jeebusluvsnsync 2 · 1⤊ 0⤋
well it depends on whether you are in state student or out of state fro UCLA, because it will be much cheaper if you are in state. But if you decide to go to a private college they usually can provide a lot of money, because of their endowments. But in either case, you will more than likely have to take a quite a few student loans to make up any difference. But no one can really give you an estimate because all financial aid packages depend on your situation. Because your family may not make a lot of money, but sometimes colleges take into consideration the value of one's house, or any family investments... hope this helps.
2006-10-31 20:39:04 · answer #3 · answered by Anonymous · 1⤊ 0⤋
i got 8k in financial aid for the year and I can almost guarantee you wont get that much because my dad is a single parent and reported earning only 8,000 dollars. Sorry that i cant answer in specifics amount. My efc was like 0.
2006-10-31 21:25:55 · answer #4 · answered by jfa0209 2 · 0⤊ 0⤋
yea with loans... not worth it unless you are gong to be some type of lisenced professional. ie dr, lawyer, teacher, blah blah
me? bs in textiles and 42000 in debt. i married now with kids morgage, etc, would i change my college and eduacation choices, in a heart beat.ohj- out of college 7 years and make roughly 50000.you do the math. howabout you ask someone what your payment will be when your loans aka fa become due.then add a car payment, rent, utilities, savings, health care, food and entertainment and vacations, oh and if you plan on having kids, all of that too. good luck...
2006-10-31 22:27:40 · answer #5 · answered by suddenlymommy 2 · 1⤊ 0⤋
TWO WORDS: FINANCIAL AID. Aid counselors at the carious schools will help you with it and you can do obnline research or visit your local library for help. Your financial advisor can also help you find ways: borrowing from retirment, home equity, etc.
2006-10-31 20:36:55 · answer #6 · answered by Violet 2 · 0⤊ 0⤋
Try a private student loan as you can borrow up to $40,000 a year. iStudentLoan is a good one. 1-888-816-5626.
2006-11-02 16:19:23 · answer #7 · answered by bluedevilstudent 2 · 0⤊ 0⤋