Help!! Son does not have enough money to return to school in the fall

Paying for College
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<p>The situation at hand is that OOS costs for Ohio schools are about $40k a year. For instaters, about $25K. The OP will be entitled to instate rates after November, but for the fall semester, due to the one year rule that the school has (a common one, UMich has the same), the student has to pay OOS rates. The OP’s limit is $30K a year, and Ohio Northern, a private school that has a reported total COA of about $50K is willing to give $18K in grants, which with some tightening of the belt brings the cost down to what the OP can afford. </p>

<p>The thing is, the total cost at Ohio Northern over the next three years is likely to be higher than for the OP to stay where he is and pay OOS cost for one semester. </p>

<p>There seems to be some urgency about the OP’s son transferring. Is there something else going on here, other than the fact that the tuition cost is too much this upcoming semester? Is that the only reason the OP wants the student out of that school? OP is also adamant that taking a part time semester or a semester off is absolutely not even a consideration. THough this happens all of the time for any number of reasons with kids.</p>

<p>Is this all a financial thing or are other things in the picture? A lot of the Ohio public schools are very well regarded and highly ranked on all kinds of lists. If the OP is concerned about drop in the the three Rs of Recognition, Reputation and Ratings, s/he might want to compare that of ON with the current state school in those areas. Private does not always equate “better” or perceived better by most people.</p>

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<p>of the Ohio public universities, only Miami of Ohio is costly. Many of the others are very modestly priced even for OOS students. Check the prices for Bowling Green, Kent, Cleveland State, Ohio University. All are reasonable enough in terms of cost…even compared to Ohio Northern with that scholarship.</p>

<p>BUT the rub might be that this student cannot establish instate residency WHILE he is attending college as an OOS in Ohio. Many places require a 12 month residency prior to the enrollment.</p>

<p>I agree that having $30,000 to pay towards college annually paints a different picture than having nothing and needing very significant merit aid at a private university.</p>

<p>If the family has $15,000 a semester to spend themselves, it seems that financially the economical thing to do is have this student spend this next year at a CC or the like, and save for his own spending money.</p>

<p>Many kids have to take time off from school because if finances…and they do just this.</p>

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<p>Where did you move FROM, OP? Some Ohio publics have agreements with neighboring states to provide in state tuition for students from those states. For example, BGSU gives MI students in state tuition. UToledo gives some type of scholarship to MI students that I believe makes tuition equal to in state.</p>