<p>Is it normal for a student to take 25 grand per year of loans to go to Dartmouth? (i think that is a lot of money...)</p>
<p>b/c i just got a thing that says the Student Contribution = 25 grand..</p>
<p>and i dunno about you guys but my minimum wage job aint gonna get me the 25 large to go to dmouth unless i take HUGE FREAKIN LOANS!</p>
<p>and.. nevertheless</p>
<p>Istill<3dartmouth</p>
<p>and
a lil bit of ::whimpering::</p>
<p>Unless you have a ton of money in your (the student's) name which is going to be assessed at 35 % sounds like you may have an error</p>
<p>For example, you have a $75,000 college fund, stocks, inheritance, property or any other assets etc in your name. It is all considered income and 35% of the value is assessed to pay for your college education. </p>
<p>If this is not the case, then you need to look over your CSS, profile and FAFSA, for any errors (which is very likely) and then ask the financial aid office for a financial review. Be prepared to show them your errors.</p>
<p>but.. my efc for fafsa and css is very very very low, below a thousand...</p>
<p>and i don't have anything under my name except for like a couple grand in my savings accnt.. whats up with that? i'll look over my fafsa and my profile again.. damn it..</p>
<p>The couple of grand in your savings account is going to be assessed at 35% for your studnet contribution. For example if you have $5,000 they will want $1750. You are from California, if your house is "cash rich", by having built up a lot of equity or has been appraised for a lot due to the out of control RE market, then some of that equity may be looked at as a source of income. Definitely contact them for a financial review amking sure that you have all of your supporting documentation (filed taxes, bank statement, etc). Do it now so that you can get it resolved and behind you.</p>