Financial Aid

<p>BTW the UCs, UT and UMixh OOS will cost the same as Ivies. What is your state flagship?</p>

<p>Sent from my TeamDRH ICS for GTablet using CC</p>

<p>Engineering at any good school is good enough.</p>

<p>Are you aware that employers pay the new hire engineers the SAME salary, no matter where they come from?</p>

<p>Imagine this…you’re a new hire at Company A and you have $80k in debt…which requires payments of $900 a month for 10 LONG years. Month after month you have no extra money…you have to live paycheck to paycheck because of that awful debt. But, your fellow new-hire that graduated from their state school with NO DEBT is paid the EXACT same and s/he has that extra $900 a month to put towards a variety of things…a car, a down payment on a home, some travel, etc.</p>

<p>This sort of thing happens everywhere, but it’s especially noticeable in Calif where attending a CSU can cost less than $20k per year (or less if the student commutes!). So, you’ll have a group of new-hires all starting on a given Monday…all hailing from various schools from CSUs to top schools…yet they all start at the same rate. That’s good and fine if a bunch of debt wasn’t incurred…</p>

<p>

Agree. Just to make sure the programs are accredited by ABET.
See
[ABET</a> - Accreditation](<a href=“http://www.abet.org/accreditation/]ABET”>Accreditation - ABET)</p>

<p>I disagree with those who state categorically that there will be no need-based aid for someone with $200K annual income. </p>

<p>It depends on many factors. I would suggest to the OP running the Harvard and/or Princeton NPC. If they don’t estimate any aid, then probably no one will. $200K/year income with ZERO assets, for instance, gives an estimate of ~$12K/year aid from Harvard.</p>

<p>I agree with the other posters. Don’t count on ANY need based financial aid. Find a school where you can qualify for 50 percent of the cost in Merit scholarships based on your stats.</p>

<p>Or another thought. How about asking your dad if he will pay a specific dollar amount instead of a percentage. For example if he is willing to pay 50% of harvard which would be roughly $30,000, would he pay that $30, 000 towards a lower priced school such as one of your state schools? I would think he wants you to have some skin in the game but perhaps by choosing a lower priced school that could be part of your “contribution”. Or ask if he would pay 90 percent of a $30,000 school or something like that. $3,000 a year is a lot easier to come up with than $30,000 but you still would have to work for that.</p>

<p>Or another thought. How about asking your dad if he will pay a specific dollar amount instead of a percentage. For example if he is willing to pay 50% of harvard which would be roughly $30,000, would he pay that $30, 000 towards a lower priced school such as one of your state schools? I would think he wants you to have some skin in the game but perhaps by choosing a lower priced school that could be part of your “contribution”. Or ask if he would pay 90 percent of a $30,000 school or something like that. $3,000 a year is a lot easier to come up with than $30,000 but you still would have to work for that.</p>

<p>I completely agree.</p>

<p>I don’t understand the 50% rule unless there’s an agreed upon price. If he’ll spend $30k (half) towards a pricey private, then why wouldn’t he spend $30k on a good OOS public that only costs $35k (leaving you with $5k to pay)???</p>