Financial aids

Parents Forum
1

<p>I know I should post this thread in financial aids subforum but maybe parents are more active here.</p>

<p>I am applying to need-blind colleges next year because I am an international student in Canada who needs a lot of financial aids (don't want to spend my parents that much money)</p>

<p>I am now living with my dad only and my mom is in another country (but they are not divorced, just seperated)
My dad's income before taxes is around Can$41,000, which is equivalent to a little less than US$40,000. His income after taxes is around Can$26,000 (more than 25,000).</p>

<p>What is the chance that I can get completely free tuition if I am good enough to be accepted? </p>

<p>Also, is it worth for me to apply to colleges that are not need-blind? Will they accept me without giving me any scholarship so that I will end up wasting $75 for application? </p>

<p>Thank you for your help!</p>

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<p>You need to check the policies of the schools to which you want to apply.</p>

<p>Some schools are need blind for admissions but award limited financial aid to international students.</p>

<p>Some schools are NOT need blind for admissions and award limited financial aid to international students.</p>

<p>Some schools are not need blind but if the student IS accepted, award financial aid the same for everyone.</p>

<p>Some schools do not award financial aid at all to international students.</p>

<p>Some schools award limited financial aid to international students.</p>

<p>Some schools do not differentiate between international and resident students.</p>

<p>So…check each school.</p>

<p>If you want my opinion…your odds of getting full tuition are not high unless you are applying to a school that meets full need for international students…but that is my opinion.</p>

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<p>The most generous schools will require the completion of the Profile or a school form. In both cases, it is likely they will want the inforrmation from both of your parents. </p>

<p>Why not look at some of the colleges in Canada? There are some terrific schools and the prices are modest compared to private schools here in the U.S.</p>

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<p>I mean Harvard, Yale and other 6 schools that offer need-blind option.</p>

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<p>I believe all of the schools you listed above require information from both parents regardless of marital status.</p>

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<p>Then the total income of both my parents will not exceed US$50,000 before taxes. What is my chance then?</p>

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<p>Well…you would need to get accepted by one of these highly competitive schools…and that is no easy task. Better than 90% of students who apply do NOT get accepted.</p>

<p>If accepted, I believe your aid would be decent enough…but I’m not doing the financial aid calculations. Remember…it’s not just income, it’s assets as well (that would include savings and home values for both parents…if any}.</p>

<p>I would suggest that you look into at least one school in Canada…just in case.</p>

<p>Good luck to you.</p>

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<p>Yes I definitely will look into Canadian universities for safety schools.</p>

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<p>The majority of financial aid in the U.S. is sponsored through the federal government. To be eligible for this aid, you must be either a permanent resident or a citizen of the U.S. At my school, they only gave aid packages to international grad students. Your chances of financial aid are slim just because you won’t qualify for the federal or even state aid. The only aid you can get will be through the school.</p>

9

<p>Regarding Nova’s above post…</p>

<p>If the OP gets accepted at one of the most competitive schools that meets full need for international students…this would not be the case. These schools meet need using their own institutional funds and do so for international students too (check the websites for specific policies regarding financial aid for international students). BUT they are amongst the most competitive schools for admissions. The first hurdle is to get accepted.</p>