<p>Hmm, I got:</p>
<p>Grants: 38137
Loans: 9500
Work-Study: 2800
Total: 50437</p>
<p>That seems an awful lot of loans... Do I actually need to go to the bank and take out these loans or will CMU give me some forms and handle the rest?</p>
<p>Grants -- 18,000
Federal grants -- 2000
Work Study -- 1500
Loans --- 8000
EFC 4000</p>
<p>basically paying (w/ loans) $30,000 a year
i got much better offers at other private schools</p>
<p>it seems to me that CMU's financial aid program is pretty bad... :(</p>
<p>so how do we accept our financial aid package?</p>
<p>by enrolling....</p>
<p>so paying your deposit automatically accepts all parts of your finaid package?</p>
<p>if one accepts, then all the finaid is available to that person. whether one likes to use one or parts of the finaid, is up to the person. i.e. one doesn't need to take the loans provided as long as that person can afford the cost in some other way.</p>