How will you pay for college?

<p>So I was curious, how will you pay for your college tuition?</p>

<p>There are so many extremely expensive schools, yet people still go to them. How do they pay for it without having rich parents? Also, there are scholarships, but how do you get one when you are competing against who knows how many kids? There is financial aid, but schools only give so much of that.</p>

<p>I have been looking at Rose-Hulman Institute of Technology (RHIT), but how on earth would I pay for it?</p>

<p>Personally, I can’t get financial aid. Luckily my dad says he’ll pay my way wherever I decide to go.</p>

<p>^^That’s the problem, my parents said they would pay for half (but of course they mean if it is reasonable and I’m not trying to get them to pay a ridiculous amount), but I have to come up with the other half.</p>

<p>Well schools like Rice are about 10k cheaper per year than the Ivies, and also give merit aid. And you’ll be able to do work study, summer jobs, online poker, male prostitution, etc. so hopefully in the end you won’t need to take out too much money in loans.</p>

<p>and don’t forget about Air Force or Navy ROTC programs. they’ll pay for a lot of stuff.</p>

<p>Parents, grandparents (both sides are $$$$$$$$$), but we aren’t going to rely on them
I’m most likely going to work on campus, and my mom will get a job outside of her home business</p>

<p>wow i was just gonna make a thread like this, anyway …</p>

<p>i dont think i qualify for financial aid, or if i do i’ll be getting very little. my parents are paying for EVERYTHING, which i am extremely fortunate for. price tags on colleges dont really deter me from applying. but of course ill probably work while in college (or maybe just a summer job) to help them a bit.</p>

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<p>The added job possibilities made me laugh :slight_smile: . </p>

<p>Some of you seem extremely fortunate that your parents will pay for everything. What’s bad is that price tags do deter me from colleges because some I will have no way of affording.</p>

<p>Completely with need-based financial aid. Working on campus but from what I qualify for I don’t think my family will be paying much of anything where I’m applying</p>

<p>even if my parents werent paying for my college fully i dont think price would matter much either. my cousin went to johns hopkins about 6-7 years ago and is still paying off his student loans with about 12 percent interest! he managed to find an excellent six figure job, maybe he’s just lucky though? but hearing his story made made me feel like taking out student loans was no big deal</p>

<p>My parents +maternal grandparents + maternal great-grandmother + maternal aunt (my father’s parents have about 15 grandchildren and not that much $$$ anyway) saved a lot of money for me, but it’s still only lie 40 or 50 thou, and the way it worked for my sister at Northwestern, so v. expensive, was that she got a little FA, and has a bit of money left for next year. Besides that, she’ll have massive loans.
I think we should be able to get a little more FA for me, since there will be two kids in college and my parents can “lower” their income. My father is retired, so his “income” is whatever he takes out of his retirement account, and now that he gets SS, and he’s renting out houses, he takes a lot less out. So our income has “gone down” by like 30 thou.
As far as books, a computer, and spending money, I have to make that myself. I think I might get a computer, since my sister got money for her computer from a now-deceased relative and my parents would want to be fair. So, I have to get a job next summer. I have a bit of money now, but I need more.
So, I’m going to have massive loans.</p>

<p>^^looks like that is going to be the same here.</p>

<p>Depends where I go… If I get into Caltech, MIT or (maaaaybe) Cornell then I’ll take out however much in student loans I have to, because my parents certainly can’t afford full tuition any of those places. My father (aged 60) lost his job and is too old to find work again in this economy, so my mother is going to start work again. (She certainly won’t be making much money, so financial aid may be an option).</p>

<p>This thing is, college means a lot to me, and though I have lesser schools than those that I’ll settle on, getting into one of those would be important enough to me that I’d be willing to incur loans for it. I’m going to be an engineer, so I shouldn’t have much trouble paying them off, and I’ll have a better starting salary if I go to MIT anyway.</p>

<p>If I don’t get into any of those higher tier schools, I’m pretty sure I’ll be at UT Austin, which is in state. My parents would therefore be able to pay a lot of it, but I would pay whatever is left over with student loans.</p>

<p>Loans. I’m responsible for paying for everything.
Which is why i’m probably going to end up at the University of Alabama. With my 34 ACT, i’ll get full tuition, and if i RA my soph-senior years, i’ll only go like 12k in debt. </p>

<p>The only other possibility is if by some miracle i get a scholarship at one of my other schools…</p>

<p>but prob not</p>

<p>Parent Plus Loan. Hoping for some kind of scholarship wherever I go, but that probably won’t happen.</p>

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<p>isn’t hogwarts free?</p>

<p>FA – but by the time, I graduate HS, most likely, a lot of FA is gonna get slashed.</p>

<p>Plan B: Resort to prostitution?</p>

<p>hmmm my dad is planning on me getting magically recruited to some Major League baseball team at the age of 17 and on never going to college, so he is not going to pay for anything… my mom’s too poor to pay for anything…so it’s all on me…and the bad thing is that I haven’t started saving anything, and I want to save money for a car…so It’s going to be all on scholarships and FA and loans</p>

<p>EDIT: The idea of prostituting myself seems tempting…but I’d probably get caught</p>

<p>My parents will only pay the tuition for UMCP, and the rest I have to pay for through work/taking out loans.</p>

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<p>No. Astute fans will have noticed that Harry is invited to attend Hogwarts because his parents left a decent amount of money for him at Gringotts.</p>

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<p>You don’t watch Hung on HBO? Call yourself a “happiness consultant” and its all good.</p>