College Board EFC calculator Vs Transfer Acceptance Rate - CONFUSED

College Search & Selection
1

<p>I am a transfer student who is currently doing her undergraduates in Bangladesh. I am also a green card holder. I should also mention that I plan to major in Economics and I am considered as an out of state student to all public universities. So far, I have selected the following universities:</p>

<p>• NC state – I have relatives who live in NC
• UNC Chapel Hill – Great academics. Closer to my relatives
• University of Michigan – Amazing economics department. Well known.
• Barnard College/Colgate- Academics and Location. We’re not sure yet. But my mum and brother might settle in NY.
• Mount Holyoke/ Bryn Mawr – Academics and beautiful environment
• Boston University – Good economic department. Boston City.
• University of Minnesota – Twin Cities/University of Wisconsin Madison – Good economics department and relative cheaper
• Ohio state university/ Indiana University – Safeties. Decent Academics.</p>

<p>Right now, I want to select 8/9 universities where I will finally apply. EFCs and Transfer acceptance rates play an important part. I don’t want to waste money on universities where I will most likely get rejected or get very low scholarships. I have compiled the following statistics from College Board to help me decide:</p>

<p>Barnard:
Estimated Total Cost of Attendance: 60224
Estimated Net Price: 35844
Estimated Self Help (Student loan and work): 5500
Estimated Remaining Cost: 30344
Total students who applied for transfer: 520
Transfers admitted: 74 (14%)</p>

<p>Boston:
Estimated Total Cost of Attendance: 56922
Estimated Net Price: 20872
Estimated Self Help: 9100
Estimated Remaining Cost: 11722
Total students who applied for transfer: 3829
Transfers admitted: 1095 (28%)</p>

<p>Bryn Mawr:</p>

<p>Estimated Total Cost of Attendance: 58546
Estimated Net Price: 19412
Estimated Self Help: 7500
Estimated Remaining Cost: 11912
Total students who applied for transfer: 332
Transfers admitted: 158 (47%)</p>

<p>Colgate:</p>

<p>Estimated Total Cost of Attendance: 57745
Estimated Net Price: 11179
Estimated Self Help: 5225
Estimated Remaining Cost: 5954
Total students who applied for transfer: 234
Transfers admitted: 11 (4%)</p>

<p>Indiana</p>

<p>Estimated Total Cost of Attendance: 44568
Estimated Net Price: 29319
Estimated Self Help: 7000
Estimated Remaining Cost: 22318
Total students who applied for transfer: 3629
Transfers admitted: 1991 (54%)</p>

<p>Michigan</p>

<p>Estimated Total Cost of Attendance: 54724
Estimated Net Price: 29501-41303
Estimated Self Help: 11000
Estimated Remaining Cost: 18501-30301
Total students who applied for transfer: 3693
Transfers admitted: 1159 (31%)</p>

<p>Minnesota</p>

<p>Estimated Total Cost of Attendance: 29938
Estimated Net Price: 24388
Estimated Self Help: 8200
Estimated Remaining Cost: 16188
Total students who applied for transfer: 9351
Transfers admitted: 3069 (32%)
Mount Holyoke</p>

<p>Estimated Total Cost of Attendance: 55496
Estimated Net Price: 37496
Estimated Self Help: 5600
Estimated Remaining Cost: 31896
Total students who applied for transfer: 332
Transfers admitted: 158 (47%)</p>

<p>NC State</p>

<p>Estimated Total Cost of Attendance: 33809
Estimated Net Price: 10359
Estimated Self Help: 5500
Estimated Remaining Cost: 4859
Total students who applied for transfer: 3807
Transfers admitted: 1313 (34%)</p>

<p>Ohio State</p>

<p>Estimated Total Cost of Attendance: 40968
Estimated Net Price: 17918
Estimated Self Help: 0
Estimated Remaining Cost: 17018
Total students who applied for transfer: 4606
Transfers admitted: 3981 (86%)</p>

<p>Wisconsin-Madison</p>

<p>Estimated Total Cost of Attendance: 41254
Estimated Net Price: 31104
Estimated Self Help: 10500
Estimated Remaining Cost: 29604
Total students who applied for transfer: 5167
Transfers admitted: 2174 (42%)</p>

<p>UNC Chapel HIll</p>

<p>Estimated Total Cost of Attendance: 43848
Estimated Net Price: 35474
Estimated Self Help: 10200
Estimated Remaining Cost: 25274
Total students who applied for transfer: 2859
Transfers admitted: 1198 (41%)</p>

<p>My Class rank was 1 through out my High School (Class size:75). I gave my GCE exams and got 10 A's in O'levels and 4 A's in A'levels. CGPA in my current university is 3.94. Sat score is 2090 (Critical Reading: 680, Math: 720, Writing: 690). IELTS score 8.
Passionate about photography. 300 hours of volunteer tutoring to high school student/college level students. 60 hours community work.</p>

<p>Your help will be sincerely appreciated. Thank you in advance.</p>

2

<p>Dad asked me to finalize by tonight? Can anybody come up with suggestions? I am annoyed at myself for not posting my stats earlier. :(</p>

3

<p>Try using the Net Price Calculator on each school’s site. You have a very low chance of getting much aid from UMich. UNC will meet need but we don’t know what your need will be.</p>

4

<p>Check the public Us about aid for OOS students and for transfers. They may leave very big gaps. Read through their forums here and see what people are saying.</p>

<p>Keep the women’s colleges. If they like you, they are very likely to meet or come close to your need. </p>

<p>Keep the NC universities and colleges, especially any that could be commuting distance from your relatives’ homes. </p>

<p>Did you look at Truman State or U of Minnesota at Morris? Both have relatively low costs for OOS students.</p>

<p>I don’t know enough about Boston or Colgate to comment on them. If they offer good aid for the transfers who do get admitted, they may be worth a shot.</p>

<p>Good luck with everything!</p>

<p>Good luck with all of this!</p>

5

<p>@Erin’s Dad - I like both school and I know both are very competitive. I think I have a better shot at UNC chapel hill than UMich. Thank you for your reply.</p>

<p>@happymomof1- I was hoping you would reply. I will keep the NC colleges. I think i won’t take my chances on Colgate. The acceptance rate is way too low. I am not sure about Barnard. I really like it. But it’s NPC is high and I have a feeling that I might get rejected. I want to keep the women’s colleges. Not sure about Indiana though.</p>

6

<p>If i want to apply to SUNY which one do you think will be best for economics and finance? Economics is my major and I want to double major in finance if possible.</p>

7

<p>sybbie719 would be the one to ask about universities in New York State. She’s one of the experts on that part of the country. You also could check through the comments in the NY State sub-forum [New</a> York Colleges - College Confidential](<a href=“http://talk.collegeconfidential.com/new-york-colleges/]New”>http://talk.collegeconfidential.com/new-york-colleges/)</p>

<p>I went to grad school in upstate NY back in the last century, and anything I could tell you would be hopelessly out of date.</p>

8

<p>*don’t want to waste money on universities where I will most likely get rejected or get very low scholarships. I *</p>

<p>Transfer students often don’t much for scholarships.</p>

<p>How much will your family pay each year?</p>

<p>Most of your OOS publics will expect you to pay all/most costs. </p>

<p>Ohio State and Indiana aren’t really safeties unless your parents have agreed to pay all the OOS costs. Will they?</p>

<p>Use the NPC calculator on the websites. Be sure to indicate that you’re a transfer.</p>

9

<p>@happymomof1- I think I like Binghamton University, SUNY. The net price calculator showed a Net Price of 18k which I think is affordable. Thank you for referring me to someone who might be able to help out. </p>

<p>@mom2collegekids- I have indicated that I am a transfer where ever it was possible. Most NPC calculators did not have that option. I have decided not to apply to Ohio state University and Indiana University since they don’t offer much scholarships.
My parents are ready to pay 15k-20k every year. I really don’t want to take any loans. Once the financial aids packages come out, I have a feeling I won’t be able to transfer. I really wish I got my green card when I was in high school.</p>

10

<p>If your parents can pay $15,000 and you can borrow at the junior year level if $7,500 you will have $22,500. That and summer and school year jobs would make the cheap schools possible. No one like taking out loans, but a federal loan that makes it possible for you to be here sooner might be worth it.</p>

11

<p>I guess you’re right. Without federal loans it will be quite impossble for my parents to cover up all my costs. Thank you!</p>