Financial Aid Package up on CheckMarq

<p>I just noticed an ‘Expected Private Scholarship’ for $2,000 on the financial award that wasn’t there yesterday. What is this for? Could this be for National Merit Finalist award?</p>

<p>That’s probably it. That’s what you’ll get from Marquette if you’re a National Merit Finalist. Now, if you get a National Merit corporate sponsored award, I don’t know if they’ll take that away from you or not. We might want to check on that.</p>

<p>I cannot view my financial aid package just yet. They would not give me my son’s username and password. He has to call and ask for it himself. We will have to wait until next week, when they have longer hours, as son does not get home until after they close this week.</p>

<p>I wonder if I can use that excuse when we go to pay tuition, that my son is not able to write a check for 30K because there is no money in his account. However, mom and dad have 30K in their account, but I guess you can’t take a check from them. </p>

<p>Can’t blame Marquette for that, though. Too much red tape and too many privacy laws nowadays.</p>

<p>Oh, and BTW, I don’t have 30K in my checking account. That was just wishful thinking. From the other posts, looks like I’d better win the lottery between now and whenever tuition is due.</p>

<p>It depends on your EFC. From my two previous years experience and this year (with my youngest) you should expect to take a loan PER STUDENT about 2.5 to 3 time your EFC.</p>

<p>Got our user id and password today. Must be not updated yet, though, because it does not have the above mentioned private scholarship for National Merit and does not have the Jesuit High Award, which we haven’t been awarded yet, but can’t imagine son wouldn’t get, since he’s the only one from his high school that applied to Marquette, and I’m sure his stats qualify him.</p>

<p>My D is a NMF also and she doesn’t have a "private scholarship’ under her aid either. Maybe it wasn’t the NM scholarship.</p>

<p>I just found out that the ‘Expected Private Scholarship’ is a placeholder for the NM Corporate Scholarship, which can vary in amount.</p>

<p>I feel like a dunce for asking this, but I’ve done nothing more to apply for fin aid than file my Fafsa and indicate Marquette as a school to get the results. Am I supposed to have done more?</p>

<p>My efc will not get me much which is why I’ve been inattentive to this. But should probably be done properly nonetheless.</p>

<p>That’s all I did as well.</p>

<p>I finally got into CheckMarq to see our dismal package. No surprise there. But what I can’t figure out is that the “Aid Year Total” comes to about $47k when tuition + room/board comes to about 40. Even adding in some estimate for books and travel and expenses I have a hard time getting to 47. Anyone understand where this number comes from?</p>

<p>(I was amused to see the ginormous figure called out as “optional parent-student loan.” Optional would be “robbing a bank,” or “winning the lottery.” Nothing too optional about this loan!)</p>

<p>It’s that time of year when dreams and reality collide. We weren’t surprised to find our financial package made up of loans (past D’s Ig scholarship) but we were somehow disappointed to see the reality of that huge $$ in black and white.</p>

<p>Marquette is still #1 on our list. The other schools D applied to are even more expensive and/or known to give less FA.</p>

<p>BEASTMAN - I don’t have the paper in front of me but our total listed was around 43,900. Looking at this page, I can see that tuition, housing and meal plan costs vary:
[2010-2011</a> Tuition and Housing Fees](<a href=“Marquette Central // Marquette University”>Marquette Central // Marquette University)</p>

<p>Well put, dreams and reality collide. I remember being told when I was younger, how if you studied hard and made good grades, people will pay you to go to college. Found out how false that was.</p>

<p>Now, as our children grow up, we know we will be expected to pay for our children to go to college, no matter how well they do in school and how much of a superstar they are.</p>

<p>What’s disheartening nowadays is that your loan burden is not the equivalent of a car note. It’s more like the equivalent of a house note.</p>

<p>beastman, the cost of attending (COA) is higher because they figure traveling expenses in the total. If you feel that you can cover travel costs you can adjust optional loans down.</p>

<p>OK, thanks for those replies. I’ve double-checked tuition and room and board and there they are, very clear. Apart from those costs there appears to be $200 something in fees. Books, travel and expenses are somewhat discretionary and thus I leave them out when I do a-b comparison of two schools.</p>

<p>beastman the $200.00 fees are for activities, intramurals, bus pass (city of Milwaukee), and other misc. They allocate a higher amount of travel for your S because you don’t live within driving distance so they factor in air travel.</p>