<p>My fin aid is on Onestart. It was what i was expecting. 9000 scholarship, 2000 work study, 5500 loans. I am OOS. My EFC was 18000 so this left a gap of 4000</p>
<p>The $2,000 work study is actually pretty generous for IU OOS and your EFC.</p>
<p>I notice that you are a business major and are considering Loyola. I think you would get a much better business education at IU. Loyola is a good school, but their liberal arts requirements (core curriculum) for business majors are excessive in my opinion. And IU is full of kids from the northwest suburbs. Here is a thread about liberal arts requirements at Loyola.
<a href=“http://talk.collegeconfidential.com/loyola-university-chicago/632056-honest-reflection-loyola-experience-recent-graduate.html[/url]”>http://talk.collegeconfidential.com/loyola-university-chicago/632056-honest-reflection-loyola-experience-recent-graduate.html</a></p>
<p>Oh I know about Loyola. Im still deciding between premed and finance so Loyola is def. good at premed.</p>
<p>I still don’t understand how this whole thing works. I believe our EFC is about $15,000. IU offered us a total of $16,000 ($9,000 merit scholarship) and Stafford loans/work study. That would leave about $21,000 more to pay (OOS). So, that’s $6,000 more than our EFC. So how does that work? We would still need to come with approximately $6,000. Does that mean more student loans? Or are we not expected to pay that? Help me understand this! :)</p>
<p>~~~~~~~~~~~~~~~~~~~~~~~~~~
bartnower wrote:</p>
<p>My fin aid is on Onestart. It was what i was expecting. 9000 scholarship, 2000 work study, 5500 loans. I am OOS. My EFC was 18000 so this left a gap of 4000</p>
<p>I doubt if IU makes much of an effort to meet gaps, at least for OOS. Grants for OOS I think are almost unheard of. IU offers both types of Stafford loans to OOS and maybe a little work study. The state of Indiana does give some grants to in-state students with need, but of course, not to OOS. </p>
<p>The $9,000 puts a big dent in OOS costs, but I doubt that it alone persuades many non-Kelley students to go to IU. A lot of the kids who receive the $9,000 will be business majors who live in Illinois, where getting a direct admittance to the UIUC business school is very difficult and the $9,000 makes the IU OOS price very competitive with UIUC in-state costs.</p>
<p>A lot of non-business OOS cross IU off their lists this time of year.</p>
<p>I only got 7,000 worth of loans and work study. And I didn’t get the 9,000 because I applied after December 1. Does anybody know what I should do? Do I take private loans to get the rest of the tuition (about 20,000)? Or am I srewed? I applied to other scholarships offered by companies online and my school, but I have a small chance.</p>
<p>i did email hutton and got a response that all hutton scholarships have NOT been awarded yet, so that may make a difference to some… it could be 1st week of april apparently before that is known. (think the max there is 4K)
we are still waiting to see if son get residence scholars (reduces cost of housing) no word on that yet but fingers crossed!!
and then we are waiting to see the fate of our states PACT program,which is technically bankrupt but there are 4 days left for a vote by the legislature to salvage it… if that survives they will pay 195 per credit hour…toes crossed!</p>
<p>i will be a contortionist trying to make this work LOL</p>
<p>*** I didnt get s**t! im OOS , and my EFC is freakin 0, and I only get 20k a year. Yea I cant afford 19k a year</p>
<p>bthomp1, I think you nailed it on the head. The state schools are finding it difficult enough just trying to take care of “their own”. I certainly wouldn’t expect them to give no-loan grants to OOS. And, as you said, just the amount of merit aid they give to OOS is pratically unheard of in public schools, particuarly in this economic climate.</p>
<p>Also, what you said about most of the OOS applying for Kelley Business makes sense. I noticed not one person here has mentioned my daughter’s major of Therpeutic Recreation. Nor do I see a lot of other majors talked about. It’s somewhat the same for one of the schools here in CA that my daughter was accepted to (Cal Poly SLO). It’s well known and ranked high for Engineering and Architecture. She happened to be accepted for Kinesiology. However, I imagine most OOS are applying for the top ranked majors. Just like with IU, why should an OOS pay all that money for a mediocre major (compared to the top ranked) when they can get the same thing or maybe even better for *less *in their own state?</p>
<p>And, I know for a fact that Cal Poly or maybe even the UCs don’t give out the generous automatic scholarships that IU does. In fact, there’s been an increase of OOS acceptances, however they are expected to pay-in-full or take out loans. Some work study. But, you don’t see $9,000 automatic scholarships or no-loan grants. The whole idea is to get that OOS tuition to boost the revenue for these cash-strapped schools. It is kind of disheartening that our own state schools (CA) have had to take less of their own qualified, tax-paying residents in favor of OOS who can pay double. But, that’s life. I’m just thrilled that my daughter got into Cal Poly. It’s a good school and affordable. And only 2½ hours from here. Too bad it wasn’t as purrrdy as IU, though. I definitely can see the appeal! 
Okay, SLO is a great town and lots of school activities take place at the beach or in the surrounding hills. So, it ain’t *all *bad! </p>
<p>~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~</p>
<p>bthomp1 wrote:</p>
<p>I doubt if IU makes much of an effort to meet gaps, at least for OOS. Grants for OOS I think are almost unheard of. IU offers both types of Stafford loans to OOS and maybe a little work study. The state of Indiana does give some grants to in-state students with need, but of course, not to OOS. </p>
<p>The $9,000 puts a big dent in OOS costs, but I doubt that it alone persuades many non-Kelley students to go to IU. A lot of the kids who receive the $9,000 will be business majors who live in Illinois, where getting a direct admittance to the UIUC business school is very difficult and the $9,000 makes the IU OOS price very competitive with UIUC in-state costs.</p>
<p>A lot of non-business OOS cross IU off their lists this time of year.</p>
<p>2Leashes,</p>
<p>bthomp1 said it well and I believe that you made the right decision. Indiana students are fortunate to have IU and Pursue. Both schools are pretty good; but, they are probably not good enough to overcome a substantial difference in COA between IS and OOS. Good luck to your daughter.</p>
<p>Thank you, ace550! It will be nice when she gets all her decisions and then can finally make her OWN decision!
ace550 wrote:</p>
<p>2Leashes,</p>
<p>bthomp1 said it well and I believe that you made the right decision. Indiana students are fortunate to have IU and Pursue. Both schools are pretty good; but, they are probably not good enough to overcome a substantial difference in COA between IS and OOS. Good luck to your daughter.</p><p>dude same here i got an efc of zero nd only got 12,800 and some of that is loans. Could there be a freaking mistake. I cant afford 25000 a year. This is ridiculous.</p>
<p>yea i called today. the guy said they arent givin much too OOS, and i got 19k, and he’s like oh you actually got a lot. well, i guess im gonna have to scratch IU = /</p>
<p>APineiro, noticed you are Cuban. Did you apply try HHSP? Easy program to get into with your numbers. $5,000-$9,000 per year in scholarship money.
[The</a> Hudson and Holland Scholars Program](<a href=“http://www.indiana.edu/~hhsp/]The”>http://www.indiana.edu/~hhsp/)</p>
<p>hey if I take this program does it interfere wit my curriculum. For example, will it mess with the Kelley School curriculum. I understand how to apply for the program but what does the program involve</p>
<p>bthomp1, thaaaank you lol im gonna check that out now =D</p>
<p>The website describes the requirements of the program. The first semester you take a three credit class that introduces you to college life and has events for you to get to know other people in the program. If you are in Kelley or will apply to Kelley, you will be assigned to a discussion group in this class that helps you get through A100 Basic Accounting skills. You meet 2-3 times a semester with your advisor, and you are required to do an internship prior to starting your senior year, but most business students do one by then anyway. And their is a one day session each semester where the entire group meets at the convention center in Bloomington. On top of the $5,000 annually, Kelley will automatically give you an extra $1,000 per year for being in the program if you maintain a 3.3 gpa, and there is a bonus of $1,000 ($6,000 total possible) for each semester you keep a gpa of 3.7+ from Hudson Holland.</p>
<p>[Kelley/Hudson-Holland</a> Scholarship: Scholarship Opportunities: Admissions: Undergraduate Program: Kelley School of Business: Indiana University Bloomington](<a href=“Undergraduate | Bachelor's Degree in Business | Indiana Kelley”>Undergraduate | Bachelor's Degree in Business | Indiana Kelley)</p>
<p><a href=“http://www.indiana.edu/~hhsp/current/images/Newsletter/200909HHSPNewsletter.pdf[/url]”>http://www.indiana.edu/~hhsp/current/images/Newsletter/200909HHSPNewsletter.pdf</a></p>
<p>EFC was 92k. Can I expect anything? My parents insist it’s unaffordable, but I insist they’re selfish.</p>
<p>$92,000 :O</p>
<p>If your EFC is that high and you’re parents aren’t willing to pay, then there is a problem…</p>
<p>yea lol jeez we get by with 30k a year, if i had an extra 62k a year id go anywhere lol</p>