How would she be able to even fund the instate full cost of attendance? Sure…tuition and fees might be lower…but she will have living expenses too…and health insurance.
Is this OP expecting his kid to fully fund college?
Yoo-hoo? OP?..
I know a fairly simple way to solve all of these issues:
Residency
Emancipation from parents
Co-signer for loans
Health care plan
Its called the Post-9/11 GI bill. Under this plan, vets are eligible for a considerable tuition benefit. Vets also have some flexibility in declaring their state of residence, and are automatically considered independent from their parents for financial aid purposes. Needless to say, vets also have their own health plan. Downside is that she would have to spend 4 years active duty + 4 years reserve/inactive. But there are a lot of upsides to joining the military as an enlisted solider, especially if college finances are an issue.
While being a veteran of our armed forces has some college cost benefits…I would never recommend someone join the military JUST because of the college benefits. They should join the military because they want to join the MILITARY…
I agree with @thumper1 . If I had joined the military in order to pay for college, it would have been a great financial boon to my father. He could have avoided paying anything, because I would have been shot for desertion by the end of boot camp.
Some OOS state tuition is reasonable, e.g. the SUNYs.
Also check out the New England Regional Student Program (RSP)
NEBHE’s Tuition Break program, the New England Regional Student Program (RSP), enables thousands of New England residents to enroll at out-of-state New England public colleges and universities at a discount. Students are eligible for the RSP Tuition Break when they enroll in an approved major that is not offered by the public colleges and universities in their home-state.
http://www.nebhe.org/programs-overview/rsp-tuition-break/overview/
If you really want to see reasonable OOS tuition then you should look in the great white north (the Dakotas for example).
@bopper I also gave the link but as a warning for that program. It doesn’t always give lower tuition for every year and if you switch out then you are on the hook for the extra money. That program doesn’t always work out as expected.
Quite some dramatic paths to avoid URI where she could craft an interesting program with many study abroad, study in country, internship and honors program opportunities. And then she’d have money for top grad school programs in DC. I suspect that there is money for her education but OP wants the extra for OOS not to be “wasted” but go into real estate.
“Another approach would be to marry a state resident and get financial assistance from her in-laws. In effect, she would be exchanging an out-of-state family for an in-state family.”
You maybe able to just declare your independent status as a married adult, not getting financial assistance from anyone (but your unemployed student spouse)
All of the points raised by posters will apply to others thinking about the instate/OOS plans for most other states. Looked at Wisconsin’s rules the other day. Very specific, don’t attempt to circumvent them, find loopholes. They definitely veto residency for the intent of going to school et al.
It seems like for the OP’s kid, and all others using this thread for their hopes, it is not doable. Uprooting the family from their home and finding a new job at least 12 months before college starts or having a student become completely independent while moving to a state ad giving up college for a year just does not seem worth it. It is a lot more than the declaration to the IRS.