<p>@tardis40 </p>
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my parents are offering to pay in-state tuition, </p>
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<p>can you clarify? will they pay $30k per year? or will they pay IL tuition costs (about $15k)?</p>
<p>If your parents will pay $30k for UIUC, but you want an even more impressive private school, then it will be hard for you to find enough merit because higher ranking schools are filled with high stats students so they give few merit awards…often targeted to those who help with ethnic and regional diversity…or have some unusual hook.</p>
<p>For instance, if you are wanting to go to WashU, then it is highly doubtful that you would get any/much merit, certainly not another 30k, which you would need.</p>
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I say $15,000 understanding that I’d have to take out some loans, </p>
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<p>15k is not enough…not even close.</p>
<p>for one reason, any prices you are seeing now, will rise each year…while the 15k merit will not. so, your 55k cost now, would be 57k when you are a frosh, and probably 65k cost by the time you are a senior. If your parents are paying 30k, and during jr year, your costs have risen to 63k, where would you get the other $33k??? As a JUNIOR, you can only borrow 7500</p>
<p>YOU can only borrow 5500 dollars as a frosh, so you cant (and shouldnt) borrow more than that. Other schools arent worth more debt over UIUC…not at all.</p>
<p>what is your major and career goal?</p>