@canunot - Congratulations on your acceptance and aid package
@NICE8x yep
@JGCStation thank you!
I didn’t attend but was offered a fantastic OOS FA package last year. Our AGI is low–and EFC was near 0, and Michigan gave mostly grants but a total of $5500 in loans and $3000 in FWS. I was also offered the Provost’s Award. Only the Ivies offered a better package.
What’s the best LSA scholarship OOS?
@canunot On your award summary, does the Tappan scholarship show up as a grant or scholarship (under the awards column)?
If your question ^^ is whether it is need-based, it is administered by the financial aid office. And I believe it is need-based with a nod to merit.
@MandomeLife It says scholarship
Even it is need-based, they may still call it a scholarship.
My daughter is in-state, and she received $8500 in grants, $3000 work/study and $2000 in loans - we were thrilled with this!! My oldest daughter is already a student at UM, but hasn’t received her FA package for next year yet (she hadn’t turned in every form UM asked for yet), but she’s never received any grants or work/study. I’m assuming we got it this time because we’ll have 2 in college…but I sure am curious about what DD #1 will receive!
@saxlady I would imagine it to be similar to your D2.
@JGCStation: grants are scholarships under another name, so if your son got 22K in grants, he got scholarships.
As for work study, it’s very good. Working 8-10 hours a week on campus, in various positions, is very useful: helps in budgeting time wisely, allows you to meet mentors (as you can work for a professors or in the library or for IT/HelpDesk and sometimes in labs), teaches “real world” skills, and doesn’t detract from studies - as long as it’s kept under 15h/week. Even if he’s slow at getting his work done, he’ll have a lot of hours every day, and you can tell him to keep his hours down to 5-6 a week his first semester.
I got $22k in FA as OOS kinda disappointed since this doesn’t really bring down the price that much
Really? If you get the same thing every year, that’s $88,000.
^ Had you run the NPC before you applied ?
If not: you realize you’re oos, right ? And as such that your parents ’ taxes have contributed zero toward Umich ? UMich is a public university and it’s almost unheard of for a top 50 public university to give that much aid to oos applicants. You’re extremely lucky, even if you don’t realize it.
^ He is saying FA in total that probably include grant, loan, and workstudy.
@saxlady Middle dd just got her FA package a few weeks ago, and it is much better than older dd received two years ago (she went elsewhere for reasons other than money.) I am convinced that they are particularly sensitive to how many dc are in college.
We were surprised by how much Michigan gave her: $15,200 in grants and $3000 each in loans and work study. We found out at Campus Day that research is an option for the work study, too, which is great because she would do that anyway.
@brantly and @MYOS1634 I realize that yes it’s probably more than the average OOS but my parents seriously cannot afford that. If my EFC is $6,000 where the hell am I going to get $34,000 from? (Oh and btw yes this was almost exactly what I got with the NPC) Sure, if I take the loans it will be lower but loans are pretty much the devil to us, they have to be repaid!
I suggest that you appeal.
Yeah I’m thinking about “negotiating” my aid package. I really am liking what the school offers but I can’t be too rash, I have to wait for other decisions and see their offers. I know I could go practically for free to Vanderbilt for example but the problem is getting in. I still love Michigan and I want it as a viable offer, I just need to see what happens and if I get a merit scholarship for SMTD it would be a godsend.
Do NOT use the word negotiate. No college takes kindly to that language. Use these terms:
appeal my financial aid determination
asking for professional judgment