Financial aid

<p>My son got his FA packet in the mail today. He will be spending 67k a year for his studies. It seems a bit exorbitant. He was so excited to attend and now does not want to go because of financial issues. He had 18k in scholarship but still as to come up with 49k. He has to get a loan which sounds insane. Anyone else in this predicament?</p>

<p>Same here, expected to pay $41K after scholarships and aid.</p>

<p>My estimated cost was around 72,000 in total for the year. Received 27,000 in scholarship and grants even though my family contribution is $60. Have to pay 45,000 in loans to attend this school. Might as well not pay for meals and save myself 10,000.This is madness.</p>

<p>Gosh, you could go to a good OOS public school for cheaper.</p>

<p>I totally sympathize, but Drexel is hardly unique. My daughter received not one dime of merit aid and nothing but loans from University of Rochester, University of Miami or Syracuse when she was accepted last year. Full scholarships to schools like these are reserved for the tippy top candidates or specific underserved groups.</p>

<p>If you have no family resources to pay for college, all I can say is that I hope all of you also applied to your in-state public schools or to private schools that promise to meet full need. Drexel does not make that promise. Personally, I would not co-sign for $45,000 a year in loans for Drexel or any other university.</p>

<p>D received 22k merit scholarship, work study, sub loans and cost was EXACTLY our EFC for 5 year co-op BSN = 24k per year with invite to Honors college. D has received better offers and comparable offers to other great programs which are a little closer to home. We loved Drexel, but the extra year for the co-op program makes it more expensive than comparable programs and you are paying tuition while placed in co-op. Most of their co-ops are paid, I believe. In nursing, you need hundreds of clinical hours just to graduate as part of any program, so it’s not like she won’t have experience, exposure and networking opportunities AND there are summer internships she can apply to on her own. Drexel said not all co-ops are guaranteed or equal, so we felt we would try for internships on our own. D already applied and was accepted into 2 paid medical internships while in HS.</p>