<p>Hey guys, so I know a lot of you have been following my "saga" over the years. I am not in the best situation (financial aid wise) right now. But first I would like to give you guys an update. This may be confusing for those who haven't been following my story:</p>
<p>So, I'm a freshman in college at Knox College in Galesburg, IL. I am from the suburbs of Atlanta. I had a REALLY bad term socially last trimester. I was thinking about transferring during winter break, but changed my mine. I am doing great academically. I got a 3.67 GPA last term (made the Dean's list) and should get around the same grades this term. I LOVE Knox academically. I plan on double majoring in Anthropology/Sociology and Theatre.</p>
<p>Socially, things have gotten a lot better. I made really two good friends this term, although, I'm no longer friends with one of them due to personal reasons. However, I am really close to the other girl. I also got my old job back and am working 7 hours a week (usually more though) and recently received "the most improved work ethic" award. Even though Knox isn't a perfect fit by any means, it has gotten better little by little. TBH, all I need is one or two close friends and I'm happy :)</p>
<p>Deep down though, I don't think it was the right school for me. I was planning on staying and still would like to stay, but there has been some financial issues about why I may not be able to. I have definitely realized I am more of a east coast person since moving here...I cannot see myself staying in the midwest after graduation! I also do plan on studying abroad my whole junior year, I am planning to go to Ireland for a semester and Australia (if I stay at Knox).</p>
<p>Okay, so Knox raised their tuition by $3,000 for next school year making it $48,00 a year. Knox has been having MAJOR endowment/financial problems. <a href="http://talk.collegeconfidential.com/knox-college/1454877-financial-aid.html%5B/url%5D">http://talk.collegeconfidential.com/knox-college/1454877-financial-aid.html</a> (Please look at post #3 and feel free to read any of the articles)</p>
<p>She said in one article, "You can go and request a reconsideration. This happens all the time, Amott said in response to students who believed their need was assessed incorrectly. What we are saying is that were not going to be able to meet the full amount of the increase. Some portion of it may fall on you, and I understand that some people may find that completely unacceptable, but I just have to say we have 1,400 students here, and somehow we have to manage to stretch the aid we have in as equitable a manner as we can across a number of people who have significant need."</p>
<p>Knox also cut benefits for professors retiring. I wish I knew about their financial problems before coming (had no idea). IMO, Knox is NOT worth 50k(ish) a year. Our facilities do not compare to the other schools I visited. In fact, a roof just fell off a dorm (no joke). They haven't built a new building in years. The new president (2nd school year) wants to increase the enrollment when my classes are already big enough (one has almost 30 kids)..not exactly small classes. There also isn't any more room (dorm wise) for more students. Current students have said that class sizes have gotten a lot bigger over the years. </p>
<p>Anyways, now here is the problem. My dad just met with the accountant and filled out our FASFA today. We already turned in the separate Knox financial aid application. My family is currently paying 8k a year, and I am taking an additional $7,500 a year. However, Knox does not meet full EFC as our EFC last year was a little less than 4k if I remember correctly. My dad is self employed and has his own business, so salary fluctuates year after year. Our new EFC for this year is almost $14,000 a year compared to the $4,000 last year. This is a major problem.</p>
<p>My dad did make a lot more money this year, but he has a lot of expenses and my parents have three other children (20, 16, and 3). I will be 19 next month. My older brother was going part time at a technical college, but took a semester off, but my little sister does go to Montessori which is expensive (my mom volunteers to make tuition cheaper). My mom is a teacher, but has stayed home since my sister was born. </p>
<p>Knox doesn't meet full EFC, so I am guessing it will even be more than 14k next year. My dad told me two weeks ago he can't even afford 15k, and I have a hutch Knox will want us to pay 20k next year. Even without our financial problems (more so problems for me as my parents are doing fine financially just not enough to pay 20k a year) we'd still have to pay more due to the tuition increase. To be honest, I think there is a bigger possibility for us to afford 14k EFC than 20k which is out of the question. And I doubt Knox will meet our EFC since they didn't last year and there having big money problems. My family can def afford our current package. Knox was one of the best financial aid packages in the first admissions process.</p>
<p>I was told by financial aid that students will not receive packages until early June. But then I realized that all transfer deadlines are way past due by then. What happens if I get my package in June and then Knox is no longer affordable? Most schools deadlines are now, past, or coming up, so I'd be stuck and have no where to go, but the local crappy 4 year college. All colleges deadlines are way before that. I did realize this before, but my nana told me to not to worry about it and that everything will work itself out, but then today I found out our new EFC and started to panic (it doesn't help that it is finals week) and called Knox's financial aid department. I told her my situation and asked if there was any way for an estimate, and she told me she'll try to give me one by the first week of April. She told me to look at the special circumstances form, but I don't think we have any, but we could put that my parents pay for my sister's Montessori.</p>
<p>I repeat I do not want to transfer, but I DO NOT want to end up in a situation where I'll have no options. It's better to think about the worst, so I can be prepared. I really love the trimester system and my classes and do not want to go though, and I'm finally beginning to build connections with people. So, what do you think I should do? Should I apply and transfer or just wait for the estimate if she ever gives me one (sounded uncertain)? My dad hung up on me when I told him he may have to pay 20k next year. If I don't apply anywhere, I may end up as a college drop out b/c we cannot afford Knox anymore. </p>
<p>I just have no idea where I would transfer. I really do not want to go back to Georgia, but would consider the Northeast or Florida. I am considering applying to UGA (would not require SAT scores for first year transfer), but I am not sure if I would still get the Hope Scholarship? Our old accountant told us her daughter went to a state school in VA and wanted to take a summer class at a local community college, but Perimeter considered her D to be an our of state student even though she was a Georgia resident & so was the mom. So, I'm not sure even though I'm a resident and got over a 3.0 academic GPA in high school that I can still get Hope, but nonetheless, I think I would hate a big state school. I personally love a liberal arts education and the "different" classes offered here. I def am not taking the same classes my friends in-state are taking! I also like the smaller class sizes even though they aren't that small compared to other LACs. I fell in love with Sociology since being here and will have taken 3 classes for theatre/sociology at the end of this year.</p>
<p>Although, I do feel like Knox can be very clique-y and I do not fit in, but I think the clique-y problem is a small school problem more so. Even my tour guide who I loved (why I picked Knox) agreed with me. If you guys think I should transfer, where would you suggest that is still accepting applications and will still be for a while? I told my advisor and she suggested I not transfer unless I go to a better academic school. She told me not to go down in prestige. I really would like a small LAC (but maybe more so 2-3k students) in the northeast with a very open curriculum that has few general ed requirements like Knox but even more so (have to take a year of French here). The only school I'd love to apply to is New College of Florida, but the deadline was last month.</p>
<p>Also, cannot submit my SAT scores as they were terrible. Not looking for a preppy, athletic, or hippie college. I describe Knox as nerdy, hippie, and very athletic..and I don't fit into the general categories (not saying everyone does). Just looking somewhere more mainstream artsy. Also, not in the middle of no where (very expensive to fly and get to Knox). My other top choices last time were Clark and Wheaton in Mass, but Wheaton was 3k more to begin with, while Clark was 1k more. I applied to over 10 CTCL's and got into all of them, although some of their packages were terrible. Like I said, Knox was one of the best options financially the first time. I would still really like to study abroad a whole year junior year transfer or not. I do not want to take more loans as I am already taking 7.5k and will already be 30k in debt when I graduate. I have a friend at Roanoke College who is taking 25k a year in loans..and that's crazy!</p>
<p>But like I said, I don't want to transfer, but this is just my sticky situation. Any feedback? Sorry for the very long (understatement) post.</p>
<p>Early_college</p>