<p>Just found out that financial aid packages (including scholarships) from public schools (Berkeley, UCLA, UIUC, UMichigan) are very poor. I am out of state so basically I need to pay out of pocket >$40k/year... making these schools unaffordable.</p>
<p>How many of you got good financial aid packages from public schools?</p>
<p>For my first financial aid package, all I had to pay was $5500 in loans. Everything else was grants or work study. However, I was very low income (<$20000), so that no doubt had an impact. I was quite surprised that they met my need.</p>
<p>OP you aren’t really going to know until you receive your complete financial aid package. In general Michigan meets need for in-state kids but does not PROMISE to meet need for out of state kids. Please make sure you have a financial safety in your applications…something your family can afford. After that anything that comes through as a surprise is simply that - a good surprise. Also remember that Michigan requires the Profile to distribute financial aid in addition to the FAFSA. The Profile will consider resources that are not used in calculating your federal estimated family contribution.</p>
<p>Michigan meets 100% of need for in-state students but it does not currently meet 100% of need for all OOS students with need. That doesn’t necessarily mean your FA package will be “very poor.” It really varies from student to student. Apply and see what they offer you. On the whole, Michigan gives more FA to OOS students than UC Berkeley, UCLA, or Illinois, but some get good packages while others get relatively little. </p>
<p>Michigan has announced a goal to meet 100% of need for all students, and recently launched a major capital campaign, with one of the principal goals of that campaign to raise enough money to make the FA goal a reality. But they’re not there yet.</p>