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re: student loan
Posted on 3/30/15 at 8:51 am to oldschoolgreats
Posted on 3/30/15 at 8:51 am to oldschoolgreats
quote:
high performing kid in h.s. that would prefer to go to best school he can afford
If he's not already doing so, he should be researching and applying for as many scholarship programs that he can find that he qualifies for during his spare time.
2
Posted on 3/30/15 at 9:01 am to Brummy
Make sure he fills out the FAFSA as soon as possible. That should let him know if he'll qualify for any grants. Definitely figure out the TOPS situation also.
It's a crummy situation to be in, but make him consider all options before he chooses a career based on affordability of tuition at a certain school. 2 years of community college before transferring to a 4-year school is a much more economical option. I think good degrees can still be had for good degrees can be had for under 40K. You just might not be going to Vanderbilt to get it....
It's a crummy situation to be in, but make him consider all options before he chooses a career based on affordability of tuition at a certain school. 2 years of community college before transferring to a 4-year school is a much more economical option. I think good degrees can still be had for good degrees can be had for under 40K. You just might not be going to Vanderbilt to get it....
Posted on 3/30/15 at 9:10 am to Brummy
kid is from texas, so no tops or equivalent that I know of in Texas. he has got a couple of oos waivers from oos schools that put schools on the same price basis as instate schools.
the ROUGH $10,000 annual loan amount was arrived at by assuming school cost (tuition, room & board, books and other exp.) of $23,000 less parent contribution of $5,000 ; Scholarship $5,000 ; pell grant $3,000. thus the CURRENT REMAINDER is $10,000.
the ROUGH $10,000 annual loan amount was arrived at by assuming school cost (tuition, room & board, books and other exp.) of $23,000 less parent contribution of $5,000 ; Scholarship $5,000 ; pell grant $3,000. thus the CURRENT REMAINDER is $10,000.
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