<p>To answer your question directly, the answer is “no”. A school isn’t going to just let you come for half the money. You have to come up with the full amount. </p>
<p>Does your mother live in NY? That is really the only way I can see it working for you here. It is maybe possible to get in state rates, particularly at certain community colleges here with a parent who is a state resident. Housing and other living expenses are huge line items in this area even with low tuition. Plus you have to get out here with some of your things. Your best option is to think this out during a gap year, IMO, and look at all of the options and costs and possibilities. Staying where you are and taking some courses at a local state school, working part time, might be the best way to go. Certainly the most affordable. That is how most people do college.</p>
<p>i think the OP was accepted to NYIT and was given financial aid in the amount of $30K. What the breakdown of that aid is not known. BUt when you live in San Diego,coming to Manhattan and going to a private school there is not an inexpensive propositon. IF the OP has $30K covered somehow, an additional $20-30K is still needed to make this work. Galling for me to write this, as I think $30K is a nice award, a very nice one. It’s just in these times at that school, it is not enough to make it go. Mother was turned down for PLUS and doesn’t have the cash. The quesiton is what to do.</p>
<p>I personally do not believe that NYIT is worth $30K+ a year in loans, especially for a student whose parent cannot qualify for PLUS. There may be some speciailized programs and some situations where it is truly a worthwhile chance to take, but for NYIT, and for someone who does not directed career path that has been long planned and desired, uh, uhn, NO. Not worth it at all. Better to find something in CA and look for a summer internship or classes to get the NYC itch taken care of. A lot cheaper too.</p>
<p>I think the issue is that OP wants to move to NY (even if it means going to CC in NY). OP needs to realize that this a luxury they cannot afford and start looking locally within commuting distance.</p>
<p>I think so too. It’s nice to wish for some things. But NYC is very expensive. Going to school in NYC, even more so. A visit or a summer would be much less expensive than what OP Is thinking of doing.</p>
<p>Expensive. A whole different definition compared to SDO. </p>
<p>Dumb and embarassing question: what schools does NYIT compare with? For that 50k? I see their mission * to provide career-oriented professional education, offer access to opportunity to all qualified students, and support applications-oriented research that benefits the larger world. * and it accepts 75%. USNWR (ok, I fess up that I looked there) says kids also apply to NYU, Hofstra and Rutgers. Really?</p>
<p>But, to me, with the range of option in CA, why?</p>
<p>Btw, OP said loans- there have to be loans in there, even if there’s also a grant.</p>
<p>There are students who go to NYIT and do very well. However, it is not a school for someone who has high financial need, has to borrow and put self and family out on the financial limb for and go cross country at age 18. Frankly, neither is NYU for the same money issues. There are situations when the money could be buying some rare focused opportunity, and just might be worth the risk. Students who truly want to get into a field that is highly selective and can reap good financial benefits with few other such opportunities might want to take a chance on it. This is not the case here. The OP can do just as well with schools in CA. I think the OP wants to come to NYC and this looked like a good way to do it. If the school had provided close to a full ride, it would have been a great opportunity. BUt the cost for this is way too high IMO.</p>
<p>This really puts things into perspective for me. </p>
<p>I suppose I shall go with plan C and go to city college of San Francisco. I believe I am eligible for the Calgrant as being a California resident. And the pell grant is $5000 if I get approved, it will be most likely $2500.
And then transfer to sfsu. </p>
<p>It would be great if my grand dad gave me one million. It sucks when you have a billionaire relative that is too greedy to help. </p>
<p>Thank you guys, and please keep this thread going for those people who wondered the same question as I have. Even if it may lead to thread deferment.</p>
<p>*This really puts things into perspective for me. </p>
<p>I suppose I shall go with plan C and go to city college of San Francisco. I believe I am eligible for the Calgrant as being a California resident. And the pell grant is $5000 if I get approved, it will be most likely $2500.
And then transfer to sfsu. *</p>
<p>???</p>
<p>You live in SAN DIEGO…so WHY would you go to a CC in San Francisco? That seems like a waste of money and extra loans. </p>
<p>Why not go to a CC in your city, and then tranfer to a UC or wherever?</p>
<p>Part if it is experience. I know that being reasonable is the way to go, but if I only need to take out a $5000 loan by all means I will go for it. I think of it this way, in the long run, I will only be 18 once. I’d rather live in my own rather than be a very parent dependent child. I certainly see no excessive harm to going to college in another city, especially community.</p>
<p>I would be paying the same amount of fees as I would the community college in San Diego, minus the housing.</p>
<p>While I don’t see any excessive harm going to college in another city, I see excessive harm in borrowing to do so. </p>
<p>It is true, you will only be 18 once, but you are also going to be 24 only once. I am not sure what experience you are referring to, but would not you rather experience living independently while having money to enjoy your new freedom, or being a poor student who has to worry how they are going to pay back the loans they are taking? </p>
<p>By the time you are done with schooling, you will owe equivalent of a nice car loan with no car to show for it. You want to be an adult, then you should start acting like one.</p>
<p>For a $5K loan, sure go for it. Even for $20-30K for 4 years of college, go for it. That is what the Stafford limits permit you to borrow, and you’ll find yourself with a lot of company in that boat When you are thinking about taking $20-30K in loans for ONE year, when you still have at least 3 more to get your degree, that’s when it’s a very foolish decision. It’s not like buying a car without the car. That’s a mortgage without the home and it can prevent you from buying one. Won’t be able to get the mortgage with that monkey on your back. </p>
<p>It’s also not the right thing to do to your parent unless s/he understands precisely what the implications of taking out that kind of loan, and cosigning is the exact same thing in that it wiil be on the credit record as an obligation for as long as it is not paid off. It’s not like co signing for a car when there is something to secure the debt that can be sold if things go sour, and car loans time periods and amounts are such that they are short term. You are talking 10-14 years of that thing on your parent’s credit report, and if you should die, become disabled, or drop out, your parent is likely to be still on the hook.</p>
<p>I want to add, that if you do well in college for a year or two, your grandfather might be inclined to finance a year elsewhere. Start some conversations with him on that possibility when you have a term or two of good grades. He might even support a transfer. But right now, with no college track record, just turned 18/19, just out of high school, no real directed plan with evidence to back it…I wouldn’t finance something like that. A good college transcript and a desire to transfer to a school with a better program in a discipline; that is a whole other story.</p>
<p>Isn’t CC SF one of those schools that clears out on Friday afternoons?<br>
OP, if this is so, would that be the college experience you want? It’s pretty clear you don’t “want” to be in SDO- but try to look at the bigger picture. A couple of years of “delayed gratification” often pays off quite well, later on. Imagine going to a better school in a more exciting city in two years, when your cc track record, we hope, shows you well.</p>
<p>I see no problem in being $20,000 in debt. Quite frankly, that is just a cycle that no one can really avoid. If me going into premed and having a great deal if a future in the medical field. </p>
<p>I’m quite sure as I am in contact with the school. It really is a burden when the generation before you unknowingly decided to mess with the financial state of the country. And now we pay the price.</p>
<p>LOL. It is like buying Robert Cavali 5K gown on sale for 1.5K. You still need to spend money to “save” money.</p>
<p>Since you are saying that you considered all pitfalls of borrowing the money, did you consider what 20K will become 10-15 years down the road when you are finally down with your medical degree and ready to start repaying the loan? Have you ever heard of the destructive power of compounded interest?</p>