Financial Aid Award Letter and Scholarships

<p>Are students notified of scholarships through their award letter or are scholarship letters always sent out prior to that? Just wondering if we are still in the running for one. Does anyone know when exactly UofI will send out the award letter? </p>

<p>The Award Letter has everything on it, TCA, loans, scholarships. But if you go into Enterprise you can click on another tab about scholarships and see if your college has awarded any of those in advance of the letter. My daughter has a scholarship listed now. 4 years ago, my son wasn’t notified about a departmental scholarship of $3000 until 2 weeks before school started. That was in ACES.</p>

<p>Thanks that is helpful! None listed yet. It would be in AHS.</p>

<p>My D’s FA just came out yesterday online. We are totally disappointed.</p>

<p>DS found out about a very small scholarship ($2K per year) in the FA award letter. It was the first that we heard about it. We are instate. I assume that this is the only scholarship he will get. </p>

<p>@Dave_N if in state student is only getting $2k, then I am not surprised my D got even less as OOS. They have also stopped sponsoring NMS this year. I guess the yield rate may be lower this year.</p>

<p>Very disappointed with the financial aid offer from UIUC. :frowning: Sounds very similar to billcsho’s offer. We will have two children in college, and there is no way we can take the HUGE Parent Plus loan they are expecting from us. Our ds’s award from Minnesota is so much better…he is leaning that way now. </p>

<p>Yeah, Minnesota is very generous. It was the first school my D was admitted. That really made our hope high.</p>

<p>For an in-state school UIUC is expensive to begin with, no doubt. This whole process for us however has been bizarre. Schools that originally courted my son with phone calls and fee waivers (MN-TC) provided us with zero merit money while others who originally were indifferent to him (UIUC for example) were generous by our standards. My whole take away is for my next son I won’t assume anything and will wait till all information is finalized as I’m taking nothing for granted. In hindsight wish S1 would have applied to even more schools and will do that for S2.</p>

<p>My son received his award letter in the Mail on Saturday 3/15. He received the University Achievement Scholarship for OOS students for 12,000 a year. We were shocked, in a good way. His financial package was all loans. After doing some research this is the top scholarship offered for out of state students. UIUC just went to the top of the list, he was admitted to the Business school. still not thrilled with the loans though! </p>

<p>@Janesmom17, Congrats!
However, the CoA at UIUC is ~48k for oos. With the 12k/yr scholarship, the final cost would be around $144k for 4 years. The good thing is, the tuition is fixed for the next 4 years at UIUC.</p>

<p>Thanks @billcsho I’m proud of him. My two daughters both went private, even OOS UIUC is better. I hope he likes it we are arranging our visit now</p>

<p>@Janesmom17
Great that you can afford all these oos and private tuitions. That really gives you a lot of options. UIUC is a great school and we like their campus, particularly the engineering campus, a lot.</p>

<p>@billcsho I couldn’t really afford it, I have Parent Loans. I don’t want any more. He is considering a few private schools too but he got merit money from the ones we are considering. you live and learn, I don’t think the private education was worth the debt but thats a debate for another day.</p>

<p>^ Agree. It is not worth to have a lot of debt for higher education these days. We are not considering any loan other the government subsidized one unless it is really necessary. In other words, scholarships and grants are critical for our decision. </p>