How Much Can I Realistically Pay For College?

<p>I am twenty, and doing the community college thing right now due to money and no knowledge of math (I had a weird childhood. I was kept out of school, but not homeschooled. Somehow I managed everywhere but math). I have a 4.0, and plan on majoring in PR. I am single, live alone, work nearly full-time in addition to school full-time. Because of my unique life experience, GPA, and the internship my counselor and I are banking on, I am pretty sure I will get into just about every school I apply to.</p>

<p>Money is the problem. I live in IL, but since it is my plan to live in NYC for a few years, I would ideally like to go to school in NYS or the surrounding area. I am going to have to work to pay for my education (you can't depend on the FAFSA or scholarships). I can't go to a 50k/year school. But how much is too much for tuition? How do I know what I can reasonably afford? Some guidance would be great.</p>

<p>Are you going to file FAFSA? If not, plan on work/loans/savings of $50,000 a year to pay for an education in NYC.</p>

<p>Look at a SUNY.</p>

<p>For more on OP’s situation, see </p>

<p><a href=“http://talk.collegeconfidential.com/financial-aid-scholarships/1365717-should-i-rule-out-30k-yr-schools.html[/url]”>http://talk.collegeconfidential.com/financial-aid-scholarships/1365717-should-i-rule-out-30k-yr-schools.html&lt;/a&gt;&lt;/p&gt;

<p>

or CUNY
See <a href=“https://www.suny.edu/student/paying_tuition.cfm[/url]”>https://www.suny.edu/student/paying_tuition.cfm&lt;/a&gt;
Also [Comparing</a> College Costs - Financial Aid - CUNY](<a href=“http://www.cuny.edu/admissions/financial-aid/estimating-costs/college-costs-overview.html]Comparing”>http://www.cuny.edu/admissions/financial-aid/estimating-costs/college-costs-overview.html) & [Tuition</a> & Fees - Admissions - CUNY](<a href=“http://www.cuny.edu/admissions/tuition-fees.html]Tuition”>http://www.cuny.edu/admissions/tuition-fees.html)</p>

<p>You’re an IL resident. Going to an OOS public will not likely be affordable. Plus you’d have moving expenses. And, NYC is expensive rent!</p>

<p>While you may get accepted to all of your schools, as a transfer you may not get much in aid. And, an OOS student isn’t going to get much aid at an OOS public. </p>

<p>SUNY’s may be “lowish” as OOS publics go, but you’d still have a big gap that you wouldn’t be able to likely cover. The COA is going to be around $30k. You’d get about $10k in grants and loans. It’s unlikely that you’re going to be able to earn the other $20k to cover your other costs. It sounds like you’re really independent (even tho technically dependent), so you have expenses that the regular dependent student has parents providing (cell phone, insurance, etc)</p>

<p>But how much is too much for tuition? How do I know what I can reasonably afford? Some guidance would be great.</p>

<p>do you live near Chicago? </p>

<p>What IL public can you commute to? Do you qualify for IL aid for low income students? If so, then that will likely be your affordable choices. </p>

<p>How much do you think you can earn each year while going to school?</p>

<p>Brielle11</p>

<p>The only one affordable option would be Columbia University School of General Studies for non-traditional students.</p>

<p>[Applying</a> to GS | General Studies](<a href=“http://gs.columbia.edu/applying-gs]Applying”>School of General Studies Undergraduate Admission | School of General Studies)</p>

<p>It’s not through common application, it’s a separate process.</p>

<p>If you don’t get in, look at local universities in IL, you’ll not be able to afford OOS tuition.</p>

<p>^^^</p>

<p>Does Columbia GS promise to “meet need”? I’m not sure, but I thought some had posted here that GS doesn’t give the great aid that regular Columbia does.</p>

<p>Well, yes, I did not realize…He is still 20, so he is not exactly the best candidate. They are looking more for independent candidates.
[Institutional</a> Scholarships | General Studies](<a href=“http://gs.columbia.edu/institutional-scholarships]Institutional”>http://gs.columbia.edu/institutional-scholarships)</p>

<p>But he can try and see what will happen. everything else in NYC will be most likely much worse.</p>

<p>Columbia GS does not meet 100% demonstrated need. It does not have the same FA policy that Columbia College/Fu has.</p>

<p>First of all, moving to NY, getting a place to live and finding a job are all big deal things that one cannot do with the snap of the fingers. Do you have family or someone who will give you an open ended stay option with them? Even so, you will need seed money to make the move. </p>

<p>Then after you do this, you have to find a school that will accept you, hopefully let you get away with instate rates or else you have to pay OOS ones, and transfer your credits from IL to there. Look at what it is going to cost you to do this, on top of paying for living expenses? Can you afford this?</p>

<p>Unless you have your parents fill out a FAFSA and it turns out that their financials are such that you qualify for PELL, all you can get on your own is $5500 in loans. Schools are not inclined to be generous to transfers either and being OOS is going to be a issue too. </p>

<p>My suggestion is to look at where you are at CC and check out what programs are available to you for your next step. Making the transition that way is probably the best way to go. A problem you are going to have is still funding, but you seem to be set in IL with living arrangements and you are doing well at your current college. Because of your age, getting a loan on your own is going to be nigh impossible is the big issue, let alone any grants or other awards sizeable to make a lot of options possible.</p>

<p>The question as to how much you can realistically pay for college is one you have to answer. Unless you have some sources of money to up the ante, all you can borrow is $5500 a year. If your parents will try to get a PLUS (Parent Direct loan) and are turned down, you can get another $4K. But again, we are involving them. If you can get independent standing, you are entitled to the same $4K additional in loans and maybe up to $5600 in PELL, but that is going to involve some drastic actions such as declaring yourself homeless and checking into a shelter and getting certified as such, and really you are not in that situation with a relative who is letting you live with her.</p>

<p>My advice is to check out what courses you need for what you want to do and soak your local college for what you can in getting them under your belt, and when you can’t go any further with them, ask for guidance from them–ccs typically have some transition department that can help you make a transfer to a school likely to take you. You have your great record on your side for this. </p>

<p>If you cannot make this work at this time, look into some certificate programs that can land you a job with good pay possibilities and get rolling on that, get a job and when you get yourself more independent and legally so at age 24, with some money saved, you can return to school with a lot more choices under your belt. You may even find a niche with an employer who can help you go make to school. </p>

<p>In your case, as a parent, I would make the investment of what it would cost and borrow if necessary to get you through the next couple of years or so in the program of your choice as you have demonstrated that you are focused and doing well at college. But when you don’t have someone who can do this, that avenue is closed. Whoever co signs any loans with you is equally on the hook for the amounts on their credit records and for repayment even if you die, disable, dropout, default which is big thing to ask them to do.</p>

<p>Thanks for all of your replies. While I knew OOS was a bit of a reach, I am so motivated to get out of the midwest (not from here, and hate the small-town mindset). I have started to look at what few colleges in IL offer in my major, and trying to see if I can get my heart set on one of those.</p>

<p>Fyi, I was never planning on going to college in NYC! Trying to afford to live there on an associate’s degree (e.g. McDonalds) would be hard enough. While in college, it would be ridiculous. Anyone who can do that is incredible, in my book.</p>

<p>Not so incredible, Brielle. If you get some sort of certificate, training in something in the medical services area, for example, learning to use a sonogram, medical billing, etc, you would be able to find work at wages well over minimum wage. Find a friend who will do a room share on the cheap, and you can do it. Trying to coordiate this from a far with a degree program and financial aid is a juggling act for anyone and not advisable. But people do it, and you can too, one step at at time, not all of it in a rush.</p>

<p>Hopefully some here can recommend some IL publics that would be good for your major and are in larger cities. I believe that IL does have aid for low income students.</p>

<p>The problem with going to college in the state of NY is that you won’t qualify for NY state aid. All you’d get is a Pell grant and a fed grant. not enough to pay for costs…not even close.</p>