<p>Im transferring as a sophomore to ohio state next year, im also out of state. However i literally got no financial aid with only 5,500 in loans. Is there any way next year when i attend i could get a scholarship for the following year? I also was a business major but i changed it to exercise science. How competitive is the exercise science program?</p>
<p>Thanks</p>
<p>Ask an OSU finaid advisor.</p>
<p>OSU has some departmental scholarships you could potentially apply for once you’re a student here, but so far as I know those tend to be smaller and fairly competitive. The large merit scholarships many students receive are awarded to incoming freshmen only. </p>
<p>I don’t know much about OSU’s exercise science major, but if you are looking at having to take out private loans to fund your education at an out of state school, I suggest you take a serious look at how much money you can afford to borrow. Out of state tuition at OSU is fairly expensive, and a quick googling suggests that exercise science majors earn starting salaries between 18k-30k typically. </p>
<p>If you use a student loan payment calculator, you can see that borrowing just 15k per year at 6.8% interest for your remaining 3 years would result in 45k owed, and monthly payments of around $518 for the next ten years. That would be very difficult to afford on top of other typical living expenses even if you were earning 30k a year. A 30k annual salary in Columbus would only equal a monthly post-tax take-home pay of approximately $1,970. A 20k annual salary would result in a monthly post-tax take-home of only $1,380. </p>
<p>In short, I urge you to reconsider attending an out of state school in order to major in something unlikely to lead to a high paying job, especially if you are looking at having to take out tens of thousands of dollars in student loans. </p>
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<p>well i was considering staying in business, but i want to go into physical therapy so im going to grad school, and an undergrad degree from ohio state would help. However my parents are paying 36,000 each year. I just have to pay back the 5,500 loans myself each year. So i will be about 15-25k in debit which isn’t bad</p>
<p>Your parents sound very generous. I would urge you to look into the acceptance rate for applicants to physical therapy programs, however, since it may be that admissions are very competitive. If your career plans depend on getting into grad school, it is always a good idea to have a backup plan in the event that you aren’t admitted.</p>