<p>I am accepted by USD with a yearly scholarship of 10,000. However, I'm an international student and my parents paid for my two years of high school in the states with almost most of their savings. I have emailed them explaining the situation about a week ago but they didn't reply me, I highly doubt they even checked the email....what should I do? I like San Diego very much and if they could give me more fa I will definitely go there!</p>
<p>I have called about my son getting zero merit aid and they pretty much told me too bad. It’s up to the admissions Dept. She did say I could appeal but it is frowned upon.</p>
<p>Does anyone think its odd I was offered loans for the full tuition even though my EFC was 99999?</p>
<p>Were the loan offers true for everyone–that after any merit and grants, the rest of the COA was offered in loans? That was the case for us too. I guess they’re just saying they don’t want there to be any barriers to your attending and it’s up to you and your family how much you want to borrow to make it happen. Because, you know, not everyone has that $55K money tree in the backyard. :)</p>
<p>So this is what I got when I checked today:</p>
<p>Cal Grant A Estimated Accepted<br>
$9,708.00</p>
<p>Federal Work-Study Offered
$2,800.00</p>
<p>USD Trust Loan Program Offered
$4,000.00</p>
<p>USD Grant Offered
$14,350.00</p>
<p>Fed Direct Parent PLUS Loan Offered
$18,728.00</p>
<p>Fed Direct Subsidized Loan Offered
$3,500.00</p>
<p>Fed Direct Unsubsidized Loan Offered
$2,000.00</p>
<p>Total<br>
$55,086.0</p>
<p>-What does this mean? Which part is free money and which ones do I have to pay back?</p>
<p>Helpmepleasee…
The Cal Grant is free money from the State - you don’t pay that back.
Federal Work Study - you will/can get a job on campus and your wages will be paid under this Federal program. You will actually receive a paycheck and you can use the income towards your misc. expenses.
USD Trust Loan - you will have to payback but it is an interest free loan.
USD Grant is free money offered to you by USD.
Fed Direct Parent Plus - your parents will take out this loan and interest starts accumulating approx 6 months after the first disbursement.<br>
Fed Direct Subsidized Loan - is offered to you the student and the gov’t pays the interest on it until 6 months after you graduate (or something close to that)…so basically you will be responsible to pay it back but it accumulates no interest while you are in school.
Fed Direct Unsubsidized Loan - is offered to you the student but like your parents loan interest will accumulate on it while you are in school.<br>
My son’s package is very similar to this and he is a Sophomore and it pretty much looks the same every year. So if you can handle this and maintain good standing it is probably an accurate road map for your next 4 years.</p>
<p>Thank you so much lizard!</p>