<p>I worked in the controller’s office of an Ivy and we had loads of people there who were there for one reason—the free tuition if their kids could get in. The pay was lousy.</p>
<p>College employees are grossly underpaid compared to the private sector. Consider the pay hit these folks took for years in hopes their children might get 4x 1yr tuition years down the road.</p>
<p>Of course, they also got a pension plan, soc sec, income that fed the family and such all those years. But don’t snark about employees of colleges getting a tuition break if their kids can get into the place. They have earned it. </p>
<p>BTW these are the folks who are serving your children while the darlings are at the school.</p>
<p>Ga Tech is a public university. As for Cornell, my friends sister just found out this week she got in, and a 45000 grant towards the 55000 COA. Her EFC is 50000 so it way exceed her need. She is a National Merit Scholar, 4.5 GPA, 2370 SAT.</p>
<p>Kelsmom,
the article states “these 51 universities promise to meet a students financial need with grants not loans”. It does not mention that it applies to instate students only. I do realize that being OOS probably hurt me, even though I am in the top 20% of their reported freshman stats and a PS finalist. I was just trying to reply to the original question.</p>
<p>Tufts certainly does include loans. One thing I appreciate about their financial policy is that once admitted no student will be made to leave for purely financial reasons: they will find the way to pay your bills.
I am not saying that it wouldnt include loans, but they do make that promise to incoming students that once you’re here we will make sure you can finish (financially).</p>
<p>There is not always a promise of this for ALL students. When you read the fine print, you will often find that it is a promise to SOME students … such as those whose parents earn less than $60k/year, or those with a 0 EFC, etc.</p>
<p>Haverford on that list? I believed their schtick about meeting full need with no loans and 18 school admissions later (for my twins) they were the ONLY school to give us nothing. And then to say that we were eligible for loans but they couldn’t give us one since they were strictly no-loan! Poseurs.</p>
<p>Greenwitch, they have to give you a loan … at least an unsubsidized loan … if you filed a FAFSA & do not have scholarships/grants/other aid in excess of the cost of attendance. Them’s the rules for schools that accept federal aid. They may not offer it in the fin/aid package, but they have to allow you to borrow if you ask for it. Unsub loans are NOT based on need.</p>
<p>If you received a bill for 35k each year for mom and dad to pay from the 7 sisters or the little ivies, then they have deemed that your parents have considerable income and assets.</p>
<p>One of the problems I see from reading this thread is reference to the EFC given to them on the FAFSA. Most of the schools listed that give instiutional aid will require either the css profile or their own FA form. Both will go more indepth to the families finances than the fafsa.</p>
<p>Remember the only thing the FAFSA does is qualify a student for federal aid. There are very few, if any FAFSA only schools that meet 100% demonstrated need and probably none that have a no-loan initiative.</p>
<p>I agree, no student has ever been killed by having a work study job. I look at it as students having some skin in the game and being stakeholders in the financing of their education. there are a variety of jobs that fall under work study so don’t think of you/your child getting work study is doing some menial task for minimum wage. In addition, somewhere along the line you or your child will be applying for internships and the work study experience could be helpful in them obtaining one.</p>
<p>To be eligible low income the parent’s income must not exceed 200% of the Federal poverty guidelines and they must have limited assets and resources to pay for college.</p>
<p>My son didn’t do work study this year as a freshman and won’t be doing it next year as a sophomore. I wanted him to focus on his school work and he has really done great so far and has time to socialize. This summer though he has already been accepted for a paid internship ($3500) - so he’ll pocket that money for some of next years expenses. </p>
<p>From reading through the boards over the last year, it looks like schools that meet full need will expect the family to pay their EFC, the student to take out a stafford and possibly Perkins Loan, and then also do work study. And some of those schools push that limit to make the stafford $5500 instead of $3500 and a big Perkins loan and up to $3000 or more in work study. So even if your EFC is about 10,000. You could be looking at that $10,000 and another $10,000 in student loans and work study.</p>
<p>i m a new student and i dont know anything regarding the financial aid and the stuff…yet want to join a public college of pharmacy in ny…can anyone show the idea of hows the financial grants will be?and how much i have to pay for college amount frm my pocket…as i m family bellow income of 21,000</p>
<p>Then you can look at your candidate colleges’ website to see to what extent that they will provide for the rest of the costs of college, called demonstrated need.</p>
<p>rinchen, the only public in NY with a pharmacy school is University at Buffalo, which is a FAFSA only school that does not guarantee to meet full need. Luckily, they are reasonably priced and NYS still provides decent aid to lower income students. Assuming you have an EFC of 0, you’ll be eligible for a full Pell grant ($5550), a full TAP award (around $4900), and a first year Stafford loan of $5500 ($3500 subsidized, $2000 unsubsidized). UB would also likely award you work study, a Perkins loan, and some smaller grants like SUSTA and SEOG. UB does offer merit money and also has a full tuition scholarship that low-income, minority, or first generation students can apply for. You should be able to come very close to having 100% of your need met at UB, but should be aware that it is must be very competitive to get into their PharmD program. But you could, at least, take your 2-3 years of pre-reqs there and avoid borrowing large sums until you’re actually in pharm school. Feel free to PM me if you have more questions about UB or pharmacy schools in NY.</p>
<p>The only problem with work student is IF the student is a varsity athlete and student–
6 days a week–some with double practices–a full courseload…leaves no free time</p>
<p>If our student plays varsity–I don’t expect work-study. If our student plays club–then work study is certainly on the table.</p>