Financial aid is awful

<p>Screw ut’s cheap ads go to a school that cares about you and your financial needs </p>

<p>

</p>

<p>There is so much wrong with this statement I do not even know where to start. Grants, by definition have defined criteria that have to be followed. There are many kinds of grants. Some grants (underwritten by private donors) SPECIFICALLY target specific type of students. By nature that many private groups offer these grants (that UT administers), they can set the rules however they want. You might have to a latino male in Liberal Arts or a black female in STEM. The fact is there are SO many variations. I still stand by my statement that @cuo2014 is not disclosing something. Either his/her EFC is false, or there are some grants in his/her package. The Pell alone would be awarded to an EFC student of 0. Yes, UT is not know for merit aid, but by nature of what a state University is, the value of the education is far greater than the $4800-5500 semester tuition bill, so in effect, every instate student is receiving a subsidized education. I have no idea what this bashing agenda is, but UT’s aid is very much inline with other institutions of its size.</p>

<p>As far as the racial make up of UT, it is very much in line with the population of Texas and if anything could be faulted for its lack of Latino students.</p>

<p>-_- Do you really think I would take a package of 5,500 (pell grant), 600 (top 10%), 23,000 (varies types of loans).
Honey, I’m broke, but I’m not desperate. That is the worst offer I have been given out of all of my 9 colleges. Lmao, I would be stupid to ever place an unnecessary burden on my back for a brand named public school. xD</p>

<p>Dud you reject your offer ^ but its UT. That degree will pay fir itself in no time. My opinion don’t charge me up.</p>

<p>

</p>

<p>Then simply stop posting here and spend your energy making a decision about your future that has nothing to do with UT. But with a COA of 23,000, you would never have loans of 23,000 if you are Pell eligible. So at least tell the truth and paint a true picture. You could also try to get a job and off set some of your costs. Our daughter contributes $8,000 a year to her expenses. College was never meant to be a free ride. If you actually put some skin in the game you might find that you will pave a better road to success. </p>

<p>Funny. I’m a poor Latino and I’m getting paid 8k a semester to go to UT :). I guess OP didn’t apply for outside scholarships.</p>

<p>Anybody know if this thing accurate, the COA estimator from the UT website: <a href=“http://www.collegeportraits.org/TX/UTAustin/estimator”>http://www.collegeportraits.org/TX/UTAustin/estimator&lt;/a&gt;&lt;/p&gt;

<p>I think the reason that UT doesn’t give much need-based (non-loans) is because it is a public university, meaning that it has a LOT of students. Even with a big endowment, it can’t afford to give out grants to every student. Only a small percentage of students actually receive (merit) scholarship money. </p>

<p>Fortunately, UT’s tuition is not too expensive compared to private colleges!</p>

<p>My son with an EFC of $8338 (not a minority) received a better offer from UT than he did from A&M.
His stats are 2030 SAT (720M, 720CR, 590W). He took 10 preAP & AP courses during high school, he has taken 4 AP exams (12 credit hours being awarded) with another 4 scheduled for this May. He worked part-time 25 - 30 hours per week his senior year. Varsity Soccer Manager his Sophmore year. National Honors Soceity. AP Scholar with Honors. Anticipates achieving AP Scholar with Distinction. Minimal volunteer work.</p>

<p>UT Austin (cost to attend $27k+) financial aid was $9750 grant, top 10% at $600 plus the standard $5500 in loans.<br>
Texas A&M (cost to attend $23k+) financial aid offer was $2500 grant, $1700 work study and $5500 loans.
UT Dallas (cost to attend $26k+) financial aid was AES Merit and stipend covered 100% of total cost after EFC of $8338. </p>

<p>Based on the money matters information on all the college websites, we anticipated receiving the avg 78% of financial need after EFC from A&M. A&M was no where near that number. As such, he has decided to attend UT Austin (Electrical & Computer Engineering) Fall 2014 and we will be paying the shortfall.</p>

<p>Just receive my financial package yesterday, the amount of grants and loans that UT offered me is very reasonable.
I’m a transfer applicant for fall 2014. My EFC is $1691. Receive a total of $10304 in grant, $3000 in work-study, $8450 in subsidized loan (include the Perkin and Federal Direct), $5682 in unsubsidized loan (Federal Direct and Stafford), no merit scholarship whatsoever. Given that, I really can’t complain. I don’t think UT is that stingy to be honest.</p>

<p>@Foafoa is this for the full school year or per semester?</p>

<p>@lovechickfila It’s for the whole school year. Do you get the same amount too?</p>

<p>Yeah about the same! I got maybe 3k more in grants and 3k less in loans. I got no work study offers though and no scholarships. @foafoa</p>

<p>My EFC is around 8,000 but UT offered me 15k in grants. From what everyone else is saying, I expected to receive a lot less… I’m not sure why I received so much.</p>

<p>Wow that’s very generous! I always thought UT was stingy with FA, while TAMU is very generous. I didn’t expect to receive as much as I did from UT either. </p>

<p>I actually only got 4k in loans and grants from TAMU. I guess UT is very generous, that’s awesome for you. :slight_smile: @freeblue</p>

<p>i havent received my Finacial package yet am i still on time</p>

<p>I was initially worried about the cost of UT but now it doesn’t seem to shabby. Initially, with an EFC of about 660 i was offered 5500 in grants, Top Ten Percent, and the rest in loans. I was seriously considering A&M, but then more financial aide rolled in. I’m now looking at about 10k in grants, $6000 in scholarships (thanks ULN!) and the rest in subsidized & unsubsidized loans. 11k for a top notch degree isn’t bad at all in my eyes</p>

<p>Wow! Is that for a semester or per school year? How do you know if they give you more aid? Do they email you? @FCcharlie19</p>

<p>Me too 11k in loans and 15k in total grants</p>

<p>I’m happy for you guys! Now work hard and make UT’s investment in you pay off! A lot of kids would love to have the opportunity you are being given. :)</p>