My concern is that this student may get herself into a predicament at some point during frosh year. It appears that the $18k due is for Fall semester…if that is so, that is ONLY for direct costs. That would not cover books, nor would it cover “personal expenses and travel” or just misc expenses.
she is hoping that her savings, earnings, student loan, and the 25% that her parents will pay, will cover the first year. But, we’ve seen too many posts in the past where kids end up w/o enough money to cover an existing bill (maybe spring semester’s), the semester is too far gone to withdraw w/o owing, the student can’t register for the next year’s classes, and they can’t transfer while they still have a debt at the school.
She has to assume that the first year will cost at least $40k. If her parents will pay $10k, and she received (I think) a scholarship for under $5k, then that leaves $25k for her to come up with thru her job and student loan ($5500).
I don’t see how that’s possible.