<p>I'm applying this year, and the amount of money I get from FASFA will dictate whether I'll be able to attend.</p>
<p>Base on your past experience, how much money did you get and what was your household income (low, medium, high, etc.)?</p>
<p>If there's other sources of financial aid you received, feel free to put it here too :)</p>
<p>In the end, how much did you have to pay for a semester?</p>
<p>Thanks for all input!</p>
<p>Household income: about $150k
Need based grants: none
Need based loans: $20,000 (they will give you loans if you want them)
Other financial aid: $22,000 in merit-based scholarships
Total cost: -$2,000 per year (yes, they owe me money)</p>
<p>^ is that all from national merit scholarship?</p>
<p>$20k loans - a year? Your total cost a year is $20,000 not - $2,000. That is a horrible amount of loans. You are going to owe $80k plus interest at the end of 4 years - ouch.</p>
<p>No, National merit is only $13k over 4 years at UT. I got $84k in scholarships in 4 years--one other UT scholarship and 3 outside scholarships.</p>
<p>And no I'm not going to owe anything because I got more scholarships than the cost of education. The only thing I'll owe is a bit of income tax. Had I not gotten the scholarship, I still wouldn't have taken all of the loans because my parents can afford to pay quite a bit in cash. I probably would have accepted the Stafford loan (which my parents would have paid for) and rejected the PLUS loan.</p>
<p>But luckily I don't have to worry about that at all.</p>
<p>theloneranger, how many scholarships did you apply to to get that much money?</p>
<p>One $52k Dedman Distinguished Scholarship, a $13k National Merit package, an $8k IBM Thomas J Watson Memorial Scholarship, an $8k YMCA of Metro Dallas Scholarship, and a $1k Hispanic Heritage Youth Award. So it's actually $82k, with $22k thus far for the first year and $20k for every subsequent year assuming I keep my grades up.</p>
<p>family income $105K
aid after fafsa for the fall and spring semester combined $3500
i got a grant for $2500 and a scholarship for $1000
It'll cost me $3k per semester and thats cuz im living at home
and books were about $500 a semester</p>
<p>family income: 80k
scholarship: 18,000/year.
smart + minority = $$$</p>
<p>UTexas1914, how did u get 18k/yr?
are u instate and are u a NM?</p>