<p>Hopefully some of you can help me with this problem. </p>
<p>I was accepted to BC early decision, but their financial aid office gave me a 1500 dollar loan. Now I am not poor by any means, but I definitely do not have 55,000 dollars to spend a year. I am white, from a public school, and my fafsa estimated family contribution was 21K. </p>
<p>Is there any way for me to get more money for school from the college? </p>
<p>Or am I SOL?</p>
<p>BC is known for not giving great aid packages.</p>
<p>Your FAFSA EFC is irrelevant because BC uses CSS Profile. They only use FAFSA to determine if you qualify for federal grants and such.</p>
<p>CSS Profile looks at other things…like home equity. Do you have a good amount of home equity? Are your parents self-employed?</p>
<p>You can take out a $5500 student loan, but that may not help much.</p>
<p>how much will your parents spend? Will they take out a Parent loan?</p>
<p>If your parents only planned on spending about $20k or so, it is VERY doubtful that BC is going to now give you $30k that you’d need. Appeals usually only result in being given a few thousand.</p>
<p>Do you have any other affordable choices?</p>
<p>Neither is self employed, one is a public school administrator an the thee a nurse. They are willing to pay the 20k for the first 2 years. </p>
<p>So it looks like I can cross that one off the list.</p>
<p>Oh and for other affordable choices I have Cal poly San Luis obispo, university of Oregon, and csi chico. So out of those 3 it would probably be Cal poly.</p>
<p>Cal Poly SLO is great!!!</p>
<p>Are you instate or OOS?</p>
<p>I am instate so it is nice and cheap. It’s a great school to ave as a safety.</p>
<p>I’m going to guess here. You are a California resident. I’m going to guess that your family has significant home equity in your primary residence. I’m going to guess that BC uses a high percentage of home equity when computing the family contribution using the Profile information.</p>
<p>Cal Poly is GREAT. and a lot kids have it as a reach.</p>
<p>Though Boston College meets full need, they have their definition of need which is not from the FAFSA EFC. Clearly, the OP’s family did not qualify anywhere close to what FAFSA would define as need from BC.</p>
<p>probably a GREAT guess, Thumper. On another thread, the OP mentions that he lives in Marin County. Marin’s average home price today is ~$900k.</p>
<p>We see this a lot here too. BC is a favorite choice here, but at $55K a year, it is a pricey one. I don’t know anyone who is bragging about his financial aid from there.</p>
<p>I have to ask the OP…if you got accepted ED at Boston College, didn’t you ALREADY need to send them your decision about enrollment? Didn’t you need to say yes or no already?</p>
<p>BC has EA, not ED/.</p>
<p>Yeah I am in Marin, so the housing prices must be killing me. And yeah it’s early action, the non binding one.</p>