Financial Aid Decision

Colleges and Universities A-Z University of Rhode Island
1

<p>This morning I logged in to see son's Financial Aid decision. Awarded $13,500 Merit. After that $3895.00 total in grants, + $1000 Work Study and the rest was packaged as loans. $25,673 in loans. Our EFC is 2081. Not feasible at that price and not what was predicted with the NPC. Good luck to everyone else!</p>

2

<p>Your EFC was 2081 ? You sure you didn’t mean 20k’ish </p>

<p>Ours is 17K.
Haven’t looked online for financial aid.</p>

3

<p>Nope, our EFC is 2081 as I am a single parent of 3 with 2 in college. Disappointed that he was awarded the Centennial award yet only given a Pell grant and $1000 University grant per year.</p>

4

<p>Did anyone else have financial aid info posted on their account? We don’t have anything yet.</p>

5

<p>HAHAH…what a joke. Just checked status. Gave him 12k in grants + 1k work study.
Want us to pay 31k per year in loans. This is with an efc of 17K. No merit award, don’t know why.</p>

<p>No URI for us … Good luck everyone.</p>

6

<p>Let me go check my son’s account. Curious to see if his FA info is posted and what they gave him.</p>

7

<p>If I’m reading it correctly it looks like my DS got a $5k grant and $13233 in loans. That ain’t happening folks.</p>

8

<p>Does anyone know if URI strives to keep the grants the same if parents EFC remains the same ? I know a grant is not guaranteed but if you get 10 k for the first year are they known for trying to maintain that for all 4 years ?</p>

9

<p>Got the official URI FA pkg in the mail today:</p>

<p>$10k Grant<br>
$1k Work Study
$3500 Fed Sub
$2k Fed Unsub</p>

<p>so better than I originally thought.</p>

10

<p>Congratulations Confused! So, it said one thing on the portal and another in the actual package?</p>

11

<p>Yeah, who knows. Maybe I was reading it wrong or it hadn’t been completely updated yet. I should go back in and take another look at what it says.</p>

12

<p>Kindly “offered” us $30K in loans. That’s funny.</p>

13

<p>I think when I was looking at my DS FA info before, I didn’t realize that was for 1 semester. We got offered 27,568 in PLUS loans too but we are ignoring those. We are only trying to do the Federal Stafford loans (and maybe the Perkins loans, too).</p>

14

<p>Does it seem like the grant on 10 k will stay the same for all 4 years if the EFC does not go up ? Just agreed to start my son there and have it taken away next year…that would add 30 k to the cost of attendance ! I don’t have any experience with how grants so if anyone could enlighten me that would be great !</p>

15

<p>Meant afraid not agreed …</p>

16

<p>Twins, I would call URI and confirm that the grant will remain the same for all 4 years unless your EFC were to change dramatically. Can’t hurt and may ease your mind.</p>

17

<p>Confused Mom - my s received the same package! Still undecided as now all schools are close in price with decent packages from Maine and UNH. He is flying out to look at Colorado State (no money from them - only loans) and U of Utah. Looking forward to him making a decision!</p>

18

<p>My DS’s top choice is still UConn. With this FA info URI would be a little less but not by much. Yes, I will be glad when decisions are made and we can move on to the next steps.</p>

19

<p>Yes it seems URI from the posts is letting all OOS students pay at least 30K out of pocket- either by student loans or parent loans. I do caution student loans are not dischargeable debt…be cautious.</p>

20

<p>They continue to reach out to my son for the IEP and today he received an invitation to the Honors College as well. I called to see why his award was so far off from the NPC and they said that is the best they can do. Disappointing.</p>