<p>in the beginning:
Penn’s offered me an EFC of 16k and 5.5k in loans
that is about 21k
Princeton’s offered me an EFC of 24k and 0k in loans</p>
<p>we appealed Princeton to match Penn and this happened:
Penn’s offer still EFC of 16k and 5.5 in loans
Princeton’s new offer is EFC of 16k and 0k in loans</p>
<p>I liked Penn so much that I would have even tried to appeal Penn’s aid
with Princeton’s revision. But the information from Princeton came 2 days ago
and the financial aid office was closed yesterday.</p>
<p>Penn had also told me on Friday that i would not be able to pay off my loans
with scholarship. And since my parents can only give me 10k (12k max) a year.
You can do the math. I will be in a lot of loans (about 5 or 6k a year) if i can
pay off 5k a year with jobs/work study.</p>
<p>Since i plan on going to graduate school and i am majoring in mechanical engineering.
I dont know if i should accumulate such a large debt in my undergrad when i will be accumulating debt in grad school.</p>