<p>Your son may have to take a gap year and choose some new colleges to apply to based on finances.</p>
<p>I hate to say this, but you will not get anywhere near a reasonable aid package from Pace. They simply don’t have the money. With a zero EFC you can’t be a dreamer. Your son will end up in debt trouble like so many kids are right now. Especially with his major, I’d say total student debt should be $30K at the VERY most and you should not borrow a dime.</p>
<p>I’m being really blunt because too many people get in trouble this way and I’m hoping you won’t be yet another. Your son should attend an affordable in state college unless he get incredibly lucky and one of his schools offers a 100% meet need package. Fordham is unlikely to do that. </p>
<p>He can go to NY to try acting after he graduates. Or he can take a gap year or 2 and move to NY after high school. Either of these options are better then going into great debt to go to a college in NYC. Good luck!</p>
<p>@Warley if you read my posts you would be aware that I have my head quite squarely on my shoulders with regard to college debit. I “wasn’t being a dreamer” or “won’t be yet another” to get into trouble. My original post was merely trying to find out if there was a process that was typical for requesting additional aid. Obviously that is not a realistic goal to get more money at Pace but it can’t hurt to try. We shall see but until I ask them I won’t know.</p>
<p>I’m an adult with clear vision of what his future earnings will most likely be so I’ve been very clear on these posts that I don’t intend to have him go in to huge debt to get his college degree. I thank everyone for there concerns but they are unwarranted.</p>
<p>I hadn’t read your posts KC, so I did go back and look at a few.</p>
<p>While you indeed sound like a clear headed person in most, if I’m reading right, your family has taken on over $45K per year in debt for your daughter to attend NYU. Many of us find that scary, but indeed you have been around the FA block.</p>
<p>@warley “it your reading it right” is clearly an incorrect assumption of $45,000 per year for my dd. </p>
<p>Yes, she is attending NYU but she is graduating this year after 3 yrs (to save money) with a 3.94 GPA. In that 3 yrs she has had 4 internships in addition to many other resume building experiences; the total is not $45,000 per yr for those 3 yrs probably slightly more then that total. While that is a large amount to be sure; I am confident she will have no problem securing a job to fulfill her obligation to her debt. I don’t find it scary because my dd very much 20 going on 29 in her thinking and the way she lives her life. She looks as these as her debt my mine in every sense. </p>
<p>Yet, I feel strongly not to burden my son with aspirations to be an actor with huge amounts of debt. If it is meant to be then it will work out if not we will figure something more creative for next year.</p>
<p>KC, you might want to visit the theater forum on the main page to get some ideas of possible colleges for your son. There is a school close to where I live that has a fantastic theater dept with people going to Broadway, etc. You don’t have to be in NY to be successful for theater.</p>
<p>If that’s true…then she would have at least a $150k in debt…unless she snagged a bunch of scholarships or something else that paid $100k which left her with $50k in debt.</p>
<p>She did snag quite a few scholarships and grants. She was very fortunate even though she still has more debt then she would have liked to graduate with…it was a exceptable tradeoff for the professional connections she has obtained while attending NYU.</p>
<p>Between federal grants, Tisch scholarships plus additional “need reviewed” scholarships she indeed did get close to $90,000 for the 3 yrs. In addition she lived off campus which was amazing less then room/board at school. So, she saved here and there and in the end saved quite a bit in the long run.</p>
<p>ETA: didn’t see Warley quoting my posts from so many years ago…yes in the end we did get additional “need review” aid…it was a long process but it sure helped with the final numbers.</p>