<p>You are not the only person in that situation. Georgia Tech is a public university, and as such has limited funds to meet financial need. EFC is also not the only factor taken into consideration. Your need is based on how much you still need after your EFC AND all other awards/scholarships are deducted from the estimated cost of attendance. Georgia Tech meets some of that need with grants prioritized towards those with the most need until funds run out. They then offer loans to attempt to meet the remainder of the need. Your EFC of $4065 simply means that your family is expected to pay $4065 towards the next years cost of attendance. It does not mean that the remainder of the cost will be met with grants, or even loans. And keep in mind that loans are considered meeting need, even though they are not necessarily desirable. </p>
<p>When planning for college expenses it would also be prudent to keep in mind that, as of today, the Board of Regents for the University System of Georgia has ended to tuition guarantee program for incoming freshman. This means that tuition may increase yearly over the course of your stay at a Georgia public university. <a href=“http://www.usg.edu/news/2009/041409.phtml[/url]”>http://www.usg.edu/news/2009/041409.phtml</a></p>
<p>Thanks for the link!–Didn’t like the info though . Those Numbers weren’t factored into the Award. Any one know if HOPE covers this for us in Georgia???</p>
<p>Wow, that’s 25% increase in tuition at UGA, Tech and other ga state schools.</p>
<p>HOPE still covers tuition. With this new policy, has the state has decided to use HOPE to subsidize GT and UGA more than the other schools?</p>
<p>^^jim1980 how did you read that as a 25% increase in tuition? please explain? </p>
<p>If you are OSS how does this apply? Is this saying even if GaTech already admitted you & made you an offer, then they will **not guarantee the 4 year tuition cap **which they had previously offered? Could someone in fin. aid comment?</p>
<p>Momista:
It may not be as bad/scary as it could be. Son is OOS and this is how the costs appear to date to break down. You can download the information from the following website and there is a tuition chart for those who won’t get the guarantee and those already in the system that will.</p>
<p><a href=“http://www.usg.edu/student_affairs/t...chart_2009.pdf[/url]”>http://www.usg.edu/student_affairs/t...chart_2009.pdf</a></p>
<p>If we read this correctly, Appendix IIA indicates the new flat rate for tuition of out-of-state students will be $12,140.00 per semester for more than 6 hours or for $24,280 for the year. There is also a “fee” of $100.00 per semester that all students will have to pay.</p>
<p>This is info in found in the third box down in the center titled new Flat Tuition Model at the Univ of Georgia and Georgia Institute of Tech.</p>
<p>This tuition appears to be going back to close to the 2008 cost for OOS which was $11,994 or for 1 year $23,998. This price of course does not reflect room and board.</p>
<p>Actually, this is approx. $1400.00 less than OOS would have had to pay at the current price. What is not figured in and no one knows for sure is what inflation/increase costs will be incurred after the first year. We are estimating around a 7% increase. This may be high or low, but its based on the past several years of college costs both at GT and around the country.</p>
<p>Of course, none of this is written in stone and could change as I write this message.</p>
<p>skylark, would you mind to double check that link? it says file not found & but has some options to click on, but I am not finding anything like you describe?
I did find the FAQ’s but I am just more confused!</p>
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<p>Don’t get used to that with housing LMAO.</p>
<p>^thanks that worked- not that we need any more discouraging news!</p>