<p>Well, I'm a prospective transfer student, and I'm just wondering how the transfer need-based aid is at Emory.</p>
<p>Thank you!</p>
<p>The transfer aid would be the same as the typical student aid. Emory meets 100% of the need based aid (combination of grants/scholarships and loans). You can read about the Emory Advantage program and the caps on the amount of loans provided in aid packages here: [Emory</a> Advantage](<a href=“http://www.emory.edu/FINANCIAL_AID/emory_advantage/]Emory”>http://www.emory.edu/FINANCIAL_AID/emory_advantage/)</p>
<p>It’s a great program and the aid tends to be fairly substantial for most who need it. I’ve had no complaints in my four years.</p>
<p>I disagree, the financial aid program is simply OK. One of my friends is better off than I am but because of a financial loophole his family pays ~1000/semester while I pay ~8000/semester. I’ve heard complaints from many students who are dissatisfied with their award as well. </p>
<p>It’s not bad, but it’s not anything to really praise.</p>
<p>gkc4- what about for families under 50 000?
do you know anyone dissatisfied with their awards that fall under this category?</p>
<p>Thanks!</p>
<p>Because of CSS Profile, you most likely will pay more than your FAFSA’s EFC. My EFC was a little less than 3000, but my family pays almost 5000 a semester. :/</p>
<p>But still, the financial aid is decent!</p>
<p>CalciumRich: This is taken from the website I linked to about the Emory Advantage program. </p>
<p>"The Loan Replacement Grant (LRG) replaces loans for dependent undergraduate students whose families’ total annual incomes are $50,000 or less. Grants replace need-based loans to cover expenses including tuition, room, and board. The eligible grant amount represents the student’s self-help portion normally given in the form of a loan. LRG awards were first made to incoming and continuing undergraduates during the 2007-08 academic year. </p>
<p>The Loan Cap Program (LCP) caps cumulative need-based debt at $15,000 for dependent undergraduate students whose families’ annual total incomes are between $50,000 and $100,000. With the Loan Cap Program, students receive a standard financial aid award for freshman and sophomore years. This award could include federal or state aid, institutional loans or grants, or Work-Study. After a student has accrued a total of $15,000 in need-based loans while enrolled at Emory, grants will be provided to cover any remaining need-based funding incurred through degree completion. The first LCP awards will be made to eligible continuing students during the 2009-2010 academic year. Students enrolled at Emory prior to the 2007-2008 academic year are not eligible for the Loan Cap Program."</p>
<p>Take into consideration though, that’s just 15,000 worth of loans. You’re probably still going to have to pay money each year/semester on top of that.</p>
<p>I’m confused about the difference between loans that are taken and paying for semesters of school.</p>
<p>It was my understanding that the loans were going towards paying for the total cost of attending Emory or Oxford at Emory.</p>
<p>Yes. You start out with a max of $3500 in loans the first semester. If that doesn’t (in combination with other things) meet the cost of attendance, then you still have to pay the difference between your financial aid and cost of attendance. Hence, that’s why I still have to pay around $4000 a semester even though I have loans.</p>
<p>Oh, thank you!</p>
<p>Here is last year’s thread with accepted students discussing their financial aid - </p>
<p><a href=“http://talk.collegeconfidential.com/emory-university/680847-financial-aid-out.html[/url]”>http://talk.collegeconfidential.com/emory-university/680847-financial-aid-out.html</a></p>