<p>Hey guys,</p>
<p>I just wanna get a rough idea of what I will pay if accepted to UNC..Few questions for you below.</p>
<p>1) Are you in state or out of state?</p>
<p>2) What's your EFC (roughly)?</p>
<p>3) How much do you pay yearly (roughly)?</p>
<p>Thanks everyone!</p>
<p>1) OOS
2) 9,100
3) my mom is paying 7,000 and I’m not paying anything. the extra 2,000 have to do with travel and personal expenses which you can lessen</p>
<p>So your EFC according to FAFSA is $9,100, right? And you’re paying $7,000 yearly (which is actually a bit less than your EFC.</p>
<p>But what do you mean the extra $2,000? That’s where you lost me :P</p>
<p>Your EFC is the amount of money you have to put towards the cost of attendance. The cost of attendance usually includes tuition, fees, travel, books, miscellaneous expenses, health insurance etc.</p>
<p>Sometimes you don’t actually spend as much as they estimate for these things. Tuition is understandably 100% of what they estimate but, for example, you might actually spend half of what they estimate for books. I think that’s part of the extra 2,000 he’s referring to.</p>
<p>Thanks John. I’m assuming the EFC also includes housing, correct?</p>
<p>@franckherve1: IF you don’t mind me asking, roughly how much did you get in grants vs loans?</p>
<p>Just want to get a rough of idea regarding financial aid at UNC. My EFC is 15,000, and I’m OOS. My family can afford up to $20,000 a year, but anymore than that is definitely not affordable.</p>
<p>Don, that’s the cost of attendance next year:</p>
<p>[The</a> Office of Scholarships & Student Aid at UNC-Chapel Hill](<a href=“http://studentaid.unc.edu/studentaid/cost/ssa_ug_general.html]The”>http://studentaid.unc.edu/studentaid/cost/ssa_ug_general.html)</p>
<p>Generally, it depend on your income so it varies from person to person. Usually, they’ll stick to institutional and state grants and then direct federal loans (stafford and perkins) which accrue no interest while in school, have a 9 month grace period after you leave school, have a fixed low interest rate (5%) etc. </p>
<p>Kiplinger and USNews say UNC students graduate with 14k in debt (over 4 yrs), so I assume you’d be less than that with only two years? Though with state budget cuts, they might not be as generous with grant student aid especially for out of state. Also keep in mind that students whose parents are full pay might not have any debt and bring down that average.</p>
<p>[Best</a> Values in Public Colleges, 2010-11](<a href=“http://www.kiplinger.com/tools/colleges/]Best”>http://www.kiplinger.com/tools/colleges/)</p>
<p><a href=“http://premium.usnews.com/best-colleges/rankings/national-universities/least-debt[/url]”>http://premium.usnews.com/best-colleges/rankings/national-universities/least-debt</a></p>
<p>John,</p>
<p>Keep in mind, I’m out of state, so the cost is around $40,000 :P</p>
<p>Based on what I’ve read though, it appears like I wouldn’t play anything close to that with a 15,000 EFC. And you’re right; only having to do two years (since I’ve already done two in CC) definitely plays in my advantage. I appreciate your help bud.</p>
<p>I’m out of state and only got a work study grant worth less than 3,000. There are a ton more scholarships offered to instate students then out. I just went to this out of state meeting and many people are lobbying for more aid and what not</p>
<p>Uhhh use the CollegeBoard Net Price Calculator specific for UNC-CH.</p>
<p><a href=“Net Price Calculator”>Net Price Calculator;