2 college students low family income

<p>I'm more or less asking this question so I'm a bit more informed when I go to talk to my parents about this. I am applying for readmission to University of Delaware (4 semesters done there not that it matters) and I would be going back this fall. My brother who is a senior now is attending Cornell in the fall. My parents do not make a whole lot of money, we own a small family farm and I hate putting any financial pressure on them. I'm wondering if there are any breaks that we will possibly get for having my brother and I both in college (I will be paying out of state tuition at UD) </p>

<p>I will mention that my brother got A LOT of help from Cornell, however it will still be quite a stretch for my parents to put us both through without a good amount of help...I am willing to take on student loans but I would rather not have huge loans. </p>

<p>Thank you very much for any info.</p>

<p><a href=“I%20will%20be%20paying%20out%20of%20state%20tuition%20at%20UD”>I</a> *</p>

<p>That is likely going to be the big problem. You may end up with a lowish EFC with 2 in college, but as an OOS student, UDel isn’t likely going to care. OOS publics generally don’t help OOS students meet need (which is why they charge OOS rates.) Publics usually can’t meet the needs of their own in-state students (and those costs are much lower.)</p>

<p>What was in your prior aid packages from UDel???</p>

<p>What is your in-state public. You probably would get better aid/price there.</p>

<p>The Cornell situation is completely different. It’s private and an ivy with a big endowment.</p>

<p>my in state is UConn and to be honest I just don’t want to go there, I know its a good school. Also I would have to transfer which is a real pain, and who knows if I would actually get in etc. </p>

<p>At UDel I ended up having to come up with around 15k out of 30.</p>

<p>This was my finical aid for UDEl</p>

<p>Award Category Career Amount Offered
Federal Perkins Loan Loan Undergraduate $1,500.00
Federal SEOG Grant Undergraduate $1,000.00
Federal Pell Grant Grant Undergraduate $5,000.00
Federal College Work-Study Work/Study Undergraduate $1,500.00
Federal DL Subsidized Loan Loan Undergraduate $3,500.00
Federal DL Unsubsidized Loan Loan Undergraduate $2,000.00
Univ of Del Need-Based Grant Grant Undergraduate $10,000.00</p>

<p>Total $24,500.00
It cost $32,000 a year </p>

<p>I needed 7.5k. Out of state sucks for the most part unless you have money
Also my brother goes to Georgetown. In no way did it effect how much they could give me.</p>

<p>It looks like UDel is actually very generous with OOS students…a public U that gives $10K of their own funds in need based aid to an OOS student is unusual indeed. Do they give merit aid as well? Is the $32K the full COA, including books, transportation, etc? If so, that’s likely an inflated number over what you would actually incur for unbilled expenses (and, in my experience, even room & board is often inflated for COA estimates).</p>

<p>m3deman, are you likely to qualify for need based aid like Pell next year when your EFC is halved? Do you pay full OOS rates or something based on New England Regional Tuition? What was your EFC when you paid $15K?</p>

<p>Collegeguz is a highly desirable high stats male URM who is an incoming freshman. :slight_smile: That may account for UDel’s generousity. </p>

<p>The OP isn’t an incoming freshman. </p>

<p>He’s applying for readmission, so UDel has no incentive to give him a great package or to give him any scholarships.</p>

<p>It is not likely that he’d get much money from UDel.</p>

<p>He can “hope for the best,” but he needs to prepare for the worst and also apply to UConn.</p>

<p>Yes but regional tuition and Pell are not restricted to freshmen. So UD gives need based grants rather than merit aid for stats? Interesting…</p>

<p>^^^</p>

<p>I’m not sure what UDel’s guidelines are for merit vs grants. However, schools are known to throw grants in for students that are highly desirable for whatever reason - preferential packaging.</p>

<p>I know an OOS student who has been given an untypical grant to an OOS public just because he’s from an odd state that the school needed more students.</p>

<p>^Yes, seems odd that there’s only need based grant and no merit money though, doesn’t it? Usually the extra need grants are thrown on top of merit money! From UD’s website:</p>

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<p>Another odd thing is that their estimated COA ($32,494) does NOT include books, transportation, or personal expenses.</p>

<p>*Another odd thing is that their estimated COA ($32,494) does NOT include books, transportation, or personal expenses. *</p>

<p>I don’t know why some schools do that. It’s so misleading when people are trying to compare.</p>