<p>I looked at the estimate, and it shows $5500 in loans even though I qualify for Emory Advantage. Shouldn't the loans be replaced with grants? </p>
<p>Did you apply for workstudy or whatever? Also, are you below 50k or above. If above, it will give you loans.</p>
<p>Estimated Work
Work/Study
2,500.00
Estimated Loan
Loan
5,500.00
Estimated Grant
Grant
51,864.00
Fall 2014 - Spring 2015 Totals</p>
<p>59,864.00</p>
<p>Work study is in the package. Income is much below 50k. Also, the CoA is $1500 greater than the award amount - so that is coming out of my pocket? </p>
<p>Only subsidized loans are replaced.</p>
<p>Other than that, it could be</p>
<p>I think you need to be a US Citizen
You might have other things (stocks, home paid off) that could be counted as an asset
A mistake</p>
<p>Would the Perkins loan be replaced also?
I was born in the US. Stocks/assets don’t apply to us. </p>
<p>In terms of cost of attendance, Emory is giving you (in grant form) everything that is paid directly to the school except about $5104 total, or $2552 per semester. Emory expects all (or effectively all) travel, book, and personal expenses should be covered by the $2500 in federal work-study. Emory, like most other schools, is also expecting you to make $2500 each summer to contribute towards school.</p>
<p>Depending on your classes, buying books from Amazon will save you boat loads of money. After your freshman year, you can also save a reasonable amount by choosing a meal plan other than the unlimited one required for freshman and (after sophomore year) by living off campus.</p>
<p>If you get lucky and choose certain social science or humanities courses. Sometimes you get lucky and can use this thing called the library and the renew button over and over (unless you get screwed and the books, if available in right edition) are put on reserve. </p>