<p>Hey i am new to this forum, i have a general question about
people's financial package. </p>
<p>Here is mine.
Scholarship + University Grants = $ 28,000
Federal Loans (including subsidized and unsubsidized loan) = $8,000
Work Study = $2,000</p>
<p>Total Aid in package = $ 38,000
Estimated Cost of Attendance = $ 50,000</p>
<p>i am not sure how good this is. i am gonna make a decision based on aids
cuz my parents can't pay for them.
how much do most people get from private universities?
am i getting pretty legit amount?</p>
<p>It is impossible to say whether it is a ‘legit’ amount as we don’t know your family’s income and assets and that is what is used to determine your need. it appears that the school determines that your parents s/b able to pay $12,000 a year and the balance of $38k is offered in aid. $8,000 is a little more a year in loans than I would want my kids to take but is not too terrible for a private school I guess. Plus you could certainly work summers and reduce the loans by $2-3,000. $28k scholarships and grants is pretty generous. If your parents are willing and able to come up with the $12k a year then it is not too bad. If the $12k is also going to be in loans then not too good.</p>