<p>I am working on the SSS for my son. I have a few questions about parent contribution.</p>
<p>We only make about $50,000 per year. We have a daughter in college - mostly funded by scholarship. I know we can only afford about $2300 a year but I'm afraid my son will be rejected because we can't afford to pay the majority of tuition.</p>
<p>Questions:
1) Anyone have any idea of what the EPC would be? Just a rough idea would be great.</p>
<p>2) Are there schools that will accept a student with high academics and EC's with such a little parent contribution?</p>
<p>3) Am I late in applying for the financial aid? For some reason I thought I needed to have the FA stuff in by March but I'm not sure where I got that from.</p>
<p>I know it is a long shot that he will get enough FA to be able to go but I want to do everything I can do to make it possible.</p>
<p>I appreciate your input.</p>
<p>Liam's Mom- you'll never know if you don't try! No one really knows how FA is going to play out this year as we obviously are in unprecedented financial times. There are online financial aid calculators that you can use to find your EFC, but schools often will adjust up or down depending on your circumstances. The deadline for some schools has already passed (January 10th), but others have later deadlines- many in February- so I would just submit your information asap and see what happens.</p>
<p>There are absolutely schools that offer full scholarships for kids whose parents cannot afford to pay. If you need a lot of FA to attend, the general advice on this forum is to apply to more schools, including schools who are known to give alot of aid out.</p>
<p>Each school has its own FA deadline. You will have to look each one up, perhaps on their website or the materials they sent home. </p>
<p>For figuring out the Expected Family Contribution, you can use a FAFSA calculator, entering information as if you had a college student. It works for some people, not all. It was an accurate figure for us.</p>
<p>Give it a try, before you assume it won't work out.</p>
<p>Thanks to both of you. I did the FAFSA calculator and our out of pocket was $1000. So we will send in the FA stuff and see what happens.</p>