<p>I know that Rice agrees to meet 100% of need, but will being admitted from the waitlist affect anything? Would there be less grants and more loans? </p>
<p>It makes since that they might do that since Rice knows you would attend and does not need to lure you with attractive finaid offers. </p>
<p>Another question: is it true that any scholarships you receive will decrease the grant portion of your aid? So does that make it pointless to apply for scholarships?</p>
<p>iuno about the first two questions... except that i didn't get a huge fin.aid package or any scholarships.. maybe cuz i applied ED and they didn't have to lure me either?? haha.. either that or i just wasn't good enough : (.. haha
but yah your third question...
exactly! i was wondering that too (about scholarship replacing grant money).. so i emailed the finaid people.. and they said that scholarship money DOES replace grant money.. but they replace student loan money first, then self help or whatever.. but yah. scholarships are pretty useless unless you can get MORE than rice's fin.aid package..</p>
<p>I was a little disappointed in this as well. D also got a grant of about $11,000 but that's it..no loans, etc so all scholarship money will come out of grant. Kind of depressing since the other schools she was accepted to all gave her scholarships and any additional monies would have reduced tuition.. but of course Rice was the "fit" so I guess we have to bite the bullet.. just a tad worried about next year.. afraid they will reduce grant and then we will really have problems.. decided to take it one year at a time. As it is we will be taking out SIGNIFICANT loans to send D to Rice.. so she had better make the best of it (I know she will!).</p>
<p>lsandin, I know the feeling. If you get need based grant the outside scholarships would first count towards student self-help portion, then school offer and then EFC. Merit scholarships don't have that stipulation.</p>
<p>simba: it changed our whole perception of things. We really don't care now if D gets some of the schlolarships she applied to. In fact, she told me last night that she applied for two more small scholarships and I said "why bother" you aren't going to get more than the grant money..so the only one who benefits is Rice. Rice might better serve themselves if they only took, say half of any outside scholarship money because kids aren't going to bother applying for scholarships when they aren't going to see them anyway. At least if they only took half kids would keep trying to get them knowing that at least half would go toward reducing their part of tuition, expenses, etc. I found it strange at first that Rice didn't offer her the unsubsidized stafford loan since all students can get them... then I realized that any scholarship money would come off of that first. But, when I called Rice and asked about it they said "sure she can apply for that loan" it just isn't part of the financial aid offer.. in other words.. scholarhip money won't replace it. Oh, well, we could have always chosen one of the other schools where she received scholarship money.. unfortunately they weren't the ones that she liked! It made me sick turning down all that money. Also, the offer that Emory made in grant money was more then twice what Rice offered and their tuition was only about seven thousand more. But D had NO interest in that school (of course) didn't even want to go visit. Very afraid that Rice's grant won't be as generous next year when she won't have any chance of getting scholarships like she does this year..then what.. we are taking out large enough loans this year..really can't afford to take out any more the next three.. Still very nervous about all this (can you tell?) I did talk to them at Rice and they said that if financial situation remains the same grant should remain the same but NO guarantees.. scary. Have any current Rice students been in a situation like this? Was the grant money offered the second, third, fourth years pretty much the same as that offered first year (if no large income increases?).</p>
<p>lsadin: I wouldn't worry about grant money in future. If your EFC stays the same, it should stay the same or even increase - remember tuition goes up faster than most people's income.</p>
<p>lsandin-
There are several scholarships that you can apply for as a college student. Some that are on Rice's website might need a nomination from Rice, but I don't think that all do. My s. was awarded another ($1000)scholarhip this yr, as a college freshman, from the Target Corporation. I believe he is also finishing another application to one that is available to college students and is renewable for the remaining years, should he win one of these. So, don't give up hope.. there are more out there. </p>
<p>There are also on-campus jobs, some of which pay up to $10/hr. My s. considered applying for the position as the manager of the girls swim team this year, as it came with a 40% tuition waiver, but we didn't think it was wise to take on such a huge time committment as a freshman. That, plus, when I heard that he was expected to be at at least 75% of the practices at like 5:30 in the morning, I had quite a laugh....However, I expect he wouldn't have minded the scenery, though picking up and washing wet towels does get old after a while...</p>
<p>jym: LOL! Managing the girls swim team does sound like one heck of a job for a guy...but 5:30 AM is probably a bit of a sacrifice! We already discussed D getting a job - but at least not during her first year. She loves working (loves the paycheck I suspect) but we'll see how much she likes giving it right back to Rice! I didn't realize that there are still scholarships once you are already in school - will definitely have to look into those. I guess what they say is true - where there is a will there is a way. I am just so excited for her. As much as I hate to see her go..I can't wait to hear about all of the experiences I know that await her.</p>
<p>lsandin-
Here's the campus job link, though i don't imagine there is a lot at this time of year <a href="http://www.ruf.rice.edu/%7Efina/Jobs/studentjob.htm%5B/url%5D">http://www.ruf.rice.edu/~fina/Jobs/studentjob.htm</a>
If you want to PM me, I'll tell you about the other scholarship stuff, or as much as I know... That shouldn't take long :)</p>
<p>lsandin-
I took a look at some of the jobs posted this week, and I was surprised that there were a number on there. So.. there are always opportunities...</p>
<p>We were afraid, too, when DD started Rice. But it has been doable, and we haven't gone bankrupt. You will find that your expenses at home go down when your daughter isn't there - less food, less shampoo, less hot water, no extracurricular activity costs, no college visit trips, no senior class pictures, no.... Fear not, it'll be okay. (And if your DD moves offcampus the following year, it'll save you a bit of money, too.)</p>
<p>Joyjoy; Rice has good financial aid, (Isandin's daughter got a no-loan, no-workstudy package!). If you have any questions, call them. They won't hold it against you!</p>
<p>I know the girl who actually did end up getting the job of managing the girl's swim team. It's a HUGE time comittment - and it's a difficult thing to do because you miss quite a bit of classes traveling with the team. I wouldn't want that job even if it did make Rice 40% off.</p>
<p>Jen-
You are so right-- the manager has to be at the A.M. and P.M. practices, travel with the team and handle all the logistics, and it is far from a glamorous job. When I was in HS I was a timer for the swim team (back then we used stopwatches). We would hang out and flirt with the swimmers in their little speedos before and after the meet while the poor manager was rolling out and rolling back the lane dividers, picking up wet towels, washing and folding them, etc. Definitely a lot of grunt work. Doesn't take a rocket scientist to figure out why that job was still up for grabs at the beginning of the year. Please tell your friend who took the job that she has my deepest sympathies.</p>