<p>The Web site says they're not giving out any more GPA-SAT-based scholarships for fall 2009. My son applied too late for those, so we're stuck with whatever else they have through FAFSA. My question: Are there any need-based grants available from IU via FAFSA? If not, that means we'll have to cover the $35 K estimated cost of attending entirely with loans. Not good, especially since he has a twin sister.... He already got into Syracuse and they are offering $23,000 in grants, work-study and loans, leaving $27,000 to make up.</p>
<p>IU is not very generous with grants to OOS, although they are getting better with need-based grants to in-state students. In fact, I don’t know if they have any need-based for OOS. The OOS students are a huge source of income for IU. The OOS students pretty much subsidize a lot of the in-state students by helping keep their tuition relatively low.</p>
<p>Here is a related thread from a few years ago.</p>
<p><a href=“http://talk.collegeconfidential.com/indiana-university-bloomington/157050-financial-aid-awards.html[/url]”>http://talk.collegeconfidential.com/indiana-university-bloomington/157050-financial-aid-awards.html</a></p>
<p>resoguy: 1) Syracuse must have been an ED1 acceptance which is binding? as far as I know, so not really sure where you’re going with this…</p>
<p>2) there is no way that Syracuse is $50,000 (unless you plan on $5000 in incidental luxuries…)…</p>
<p>Well, SU website says with all expenses it’s 50k plus. You’re right, an ED acceptance but perhaps not binding because 1. S did not get into the program he applied for - they stuck him in an inappropriate program and didn’t even give him his second choice. He’s trying to find out if he can get into the second choice (management school). So I think that’s an out right there. and 2. since we have to pay for his twin sister, too, we likely can’t afford the balance unless we take out crushing loans.
It’s all in flux…</p>
<p>bthomp1 - thanks for that thread. discouraging, but helpful.</p>
<p>well flux does not mean inabiliy to meet financial requirements…your son is MORE THAN LIKELY stuck at Syracuse whether he likes it or not, unless you plan on paying tuition at both Syracuse and IUB!!! Look, I’m not trying to be pessimistic here, but that is the contract your son agreed to upon submitting his application. Good luck though.</p>
<p>^^No, I think in the case that resoguy describes, ED no longer is in effect…At SU, you apply to a certain program/school ED; if they offer you alternate school, you are not necessarily bound to the ED agreement…</p>
<p>BTW, which program did he try for and which program did they put him in? Is there a possibility for the dual enrollment? D1 is a Newhouse Freshman if you have any q’s.</p>
<p>For what it’s worth, I don’t think my daughter has even spent $1,000 for the entire first semester in extra expenses…but she’s a worker bee; lots of studying…</p>
<p>a rare caveat… in that case my mistake!!! Good luck to your son resoguy</p>
<p>So…s wanted in the relatively new but tiny music business program at Syracuse - only 25 slots - so little chance he could transfer in. Second choice was whitman school of management, but they put him something like visual arts, music and communication - more for performance artists, which isn’t a great match for him at all.
Meanwhile, just heard from IU today he’s accepted, but no mention of what program of fin aid - said to wait four weeks. Fin aid doesn’t sound promising at all since he’s OS.</p>
<p>resoguy,</p>
<p>Here’s what you need to do right now (or at least over the weekend) to be able to get financial aid, if some is available–estimate your income (and that of your son) and fill out a preliminary tax return–then transfer this data to the FAFSA and submit it immediately–sending it to both Syracuse and to Indiana University at Bloomington.</p>
<p>My understanding is that they are planning to cut off aid based upon when this form is filed–meaning those who filed early will get federal subsidized and unsubsidized loans–and possibly some grants and scholarships–and those who file late (and late may be defined as anything after February 15th this year), will be out in the cold, with no recourse for obtaining additional money.</p>
<p>You can get the info on filing the FAFSA at their site: [FAFSA</a> - Free Application for Federal Student Aid](<a href=“http://www.fafsa.ed.gov%5DFAFSA”>http://www.fafsa.ed.gov)</p>
<p>Oh, and don’t log into other sites that try to use the same name, such as [FinAid</a>! Financial Aid, College Scholarships and Student Loans](<a href=“http://www.fafsa.org%5DFinAid”>http://www.fafsa.org) or <a href=“http://www.fafsaonline.com--these%5B/url%5D”>www.fafsaonline.com–these</a> are sites that are just trying to fool you into thinking that you need their services to file the form–and to be blunt, the form is a piece of cake to fill out. As a first time filer, you will need to apply for PINs (Personal Identification Numbers) for you and your son to use to electronically “sign” your forms–and these take time to get–so even if you aren’t ready to file yet–go and sign up for the “PINs” right now–because they have to be mailed to you.</p>
<p>P.S. Even for those who believe that they don’t qualify for aid because they and their families make too much–be aware that those who file before the deadline for their college (and each college sets their own deadline) are entitled to from $5,500 to $7,500 in subsidized federal Stafford loans each year (the amount of money you get is determined by how many college units your student has completed so far–I think it is 0-23 units gets you $5,500, 24 to 56 units is $6,500 and 57 units or more is $7,500 per year)–oh, and you don’t have to take the loans when they are offered, of course–and you can also take less than the amounts specified above.</p>
<p>[The</a> Wallet : Seeking Financial Aid for College? Better Get FAFSA Forms in Early](<a href=“http://blogs.wsj.com/wallet/2009/01/13/seeking-financial-aid-for-college-better-get-fafsa-forms-in-early/]The”>http://blogs.wsj.com/wallet/2009/01/13/seeking-financial-aid-for-college-better-get-fafsa-forms-in-early/)</p>
<p>P.S. I have already filed out and submitted my FAFSA for this year.</p>
<p>Great advice, Calcruzer!</p>
<p>I am paying tuition at both Syracuse and IU (out of state). Not pretty.</p>
<p>When we log in to onestart, and click on “anticipated financial aid”, is it financial aid you’re being considered for? or is it financial aid you’d 100% get if you were to enroll at IU?</p>
<p>Well, it’s pretty much 100% if you get the FAFSA in on-time.</p>
<p>But remember, financial aid doesn’t mean “free money”. In most cases, lots of that financial aid being offered will consist of loans or work study (meaning working during the school year) money. There is actually very little “free” money in the form of scholarships or grants offered–and what free money there is has essentially all been rewarded (for this year).</p>
<p>P.S. You can apply for some scholarships (free money) in future years.</p>