I have a hard decision i’m trying to make. My top two undergraduate college choices are Emory University and Virginia Commonwealth University. VCU offered me a $5,000 scholarship of the $12,000 tuition and my parents can pay the rest of the yearly tuition so I don’t have any debt. Emory University is my top school choice, but offered my $11,000 in grant $5500 in loans and $2500 in work study. Is it worth it to take a parent plus loan for the rest of the $40,000 cost of attendance. If i go to emory, worst case scenario is i transfer back to VCU for the second year if i don’t get scholarships and significant financial aid for the second year at emory. Thanks. (BTW I live near VCU)
I don’t know…Mind telling me what you would want to come to Emory for…that way I can figure out if it is remotely worth a one year risk?
So you’re asking if Emory is worth putting your parents in $160,000 in debt? No way is it worth that.
I accounted for them attempting for scholarships for a year…in which case they’d need to do well academically or do something special otherwise.