Any positive transfer finaid stories?!

Transfer Students
1

<p>Okay I'm getting somewhat depressed as I see the finaid packages of some of my transfer friends, and also the posts on here...looking for a hopeful story?</p>

<p>Have any transfers received a decent financial aid package from their school (and by decent I mean 50% or higher, since money is probably the deciding factor in this decision). Was it mostly loans/grants/scholarships (I doubt scholarships, but you never know)?</p>

<p>Someone cheer me up please! My dream of transferring isn't looking too hot right now...either I'm going to end up in a ton of debt transferring or stuck at a place I don't want to be.</p>

2

<p>Cornell costs $53 000 a year based on their own calculations. The Office of Finaid gave me $32 000 in grants.</p>

<p>This story isn’t THAT positive because both my parents recently lost their jobs and got stuck with a huge mortgage. So I’m appealing my decision and hoping to get more, if not, I’m glad I’ve been working two jobs this past year.</p>

<p>Good luck!</p>

3

<p>I can tell you half a dozen great stories of students who received VERY significant aid with low efcs. Yes, 50% is very much in reach! If your efc is not low, prepare to work even harder for scholarships (versus grants).</p>

<p>edit - not to say that students with low efcs don’t deserve the money they get - all of my peers with low efcs deserved the aid they received!</p>

4

<p>FA policies for transfers vary by school, some treat transfers exactly like freshman applicants, others give less FA to transfers.</p>

<p>My D is getting great aid, but her story might not cheer you up as she transferred to a school with a large endowment which permits them to give very generous FA, even to 100-200k income families.</p>

5

<p>Vandy isn’t that hard to get into as a transfer and they give really good FA packages (meet full need and no loans). It’s actually a few grand cheaper for me to go there than UTexas in-state and my parents make a little south of 100k.</p>

<p>Most of these schools provide good FA packages for freshmen and most likely provide good FA packages for transfer, although I can’t say definitively.
[Need-blind</a> admission - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/Need-blind]Need-blind”>Need-blind admission - Wikipedia)</p>

6

<p>UChicago gave me 29k in grants, around 2k in work study, and a 4.5k subsidized loan.</p>

<p>Edit: The amount I have to pay for next year is the same amount that I paid for my freshman year, so I guess it’s decent.</p>

7

<p>Great detailed list of finaid policies for specific schools:
[FinAid</a> | Answering Your Questions | No Loans for Low Income Students](<a href=“http://www.finaid.org/questions/noloansforlowincome.phtml]FinAid”>Your Guide for College Financial Aid - Finaid)</p>

<p>PM any of the transfer kids in this thread going to a private school this fall (there are a ton) and you’ll probably see that many are getting really good aid:
<a href=“http://talk.collegeconfidential.com/transfer-students/715227-so-where-did-you-get-accepted.html[/url]”>http://talk.collegeconfidential.com/transfer-students/715227-so-where-did-you-get-accepted.html&lt;/a&gt;&lt;/p&gt;

8

<p>I recently transferred out of Northeastern, they gave me about half my total costs (~25k). I was accepted into Georgetown which gave me enough money so that I only had to pay around 5k. I am still waiting for Penn’s finaid, but I’m sure it’ll be around the same.</p>

9

<p>Cornell wasn’t very generous with financial aid but I ended up appealing and got more money. Vanderbilt, on the other hand, gave me about $40,000 in grants (and would have probably given me more but didn’t b/c of my $14,000 outside scholarship).</p>