<p>I'm a new OOS student at UNC-CH. The cost of attending per year is roughly $40,000.</p>
<p>Currently, I've been given a $15,000 grant for the year, and around $6,000 in loans.</p>
<p>This still leaves a lot for my parents to pay.</p>
<p>I heard from a few other students that they were unhappy with their financial aid package, and were able to appeal for more.</p>
<p>Is that possible? If so, what's the process? After all, I figure the worst that could happen is that they tell me they can't give me any more financial aid.</p>
<p>Yes, the school could gives you more. Maybe a few thousands more; but not from $15000 to $34000.
What is your EFC?
See Q&A 12 on [The</a> Office of Scholarships & Student Aid -](<a href=“http://studentaid.unc.edu/faqs/general-faqs/]The”>FAQs - Office of Scholarships and Student Aid)</p>
<p>It is always worth asking, but it is unlikely they will give you more unless there has been some change in your financial situation not reflected on your original FA application (such as loss of income, high medical expenses etc).</p>
<p>My EFC is $15,000.</p>
<p>COA = $40,000
EFC = $15,000
Need = COA - EFC = $25,000</p>
<p>Grants = $15,000
Loans = $6000
Work Study? = $4,000
I think UNC-CH is meeting your need: $15,000 + $6,000 + $4,000 = $25,000</p>
<p>So, like SWIMCATSMOM said, you need to find something in your financial situations that can lower your EFC in order to get more money.</p>
<p>If your parents can’t come up with a minimum of $15K, this school is way over your budget. Did you sit with your parents and discuss the “what-if’s” when you received your financial aid package? I suspect not.</p>
<p>The school subtracted the $15K on your EFC to get those numbers listed by 4 Kids dad. This is not even taking into account your move-in needs/expenses, travel, books and other miscellaneous items.
I think you need to rethink whether you’ll be attending this expensive school.</p>
<p>Does the OP have WS? In our schools, a student with an EFC of 15,000 would not be awarded WS (WS has very limited funding).</p>
<p>With an EFC of 15,000, this is actually a very good package - especially for an OOS student. State Schools are not usually over generous to OOS students, so a $15,000 grant sounds pretty amazing to me. FA does not cover the EFC, that is the whole point of having an EFC.</p>
<p>UNC-CH meets need even for OOS students. However, they require the Profile … which means that the school’s EFC (which is computed by the Profile formula) might be higher than the federal EFC (which is computed by the FAFSA formula). In addition, timing is important … if the aid requirements were completed late, the student might not receive the full amount he/she might otherwise have received.</p>
<p>Why when money is an issue are these kids attending OOS publics!? Who is advising them?</p>
<p>UNC-CH and UVA actually meet need for OOS students (at least, last I heard - not sure if that is changing due to economic pressures).</p>
<p>I don’t think it is unreasonable for kids with need to apply to UNC-CH and UVA, as both schools do meet need as many privates do, and might well be competitive in their need packages. </p>
<p>The problem here is that it is August, and the OP is now noticing that the family cannot pay what the school is asking. The time to have made this determination was before May 1 when all offers were on the table, and affordability was also in the picture in making the choice as to which college to pick. For the OP to be accepted as an OOSer to this school means very good stats, and probably a lot of options, maybe even some with lower net cost to the family. </p>
<p>The worse that could happen when you appeal your aid package in terms of what the school will answer is that they can refuse. But then how are you going to make up the gap? Unless you have other resources, you are going to have to make alternative plans. You are going to have to come up with about 19K this school year. Can you do that?</p>
<p>Your FAFSA EFC is irrelevant. That school uses CSS Profile.</p>
<p>So, after the school looked over your CSS Profile application, it determined that your need is much lower than your FAFSA EFC.</p>
<p>Do your parents have a business? Do they have home equity? </p>
<p>For some reason, UNC determined that your family has the means to pay by using info that FAFSA doesn’t use.</p>
<p>If you can’t afford UNC, then why did you choose to go there? What are your parents saying about their paying?</p>
<p>At this point, I highly doubt UNC is going to give you more money unless they made a big mistake. It is very late, and likely they have spent their FA budget. You’ve already committed, so they have little incentive to give you much/any more money. </p>
<p>While it’s not unreasonable to apply to UVA and UNC OOS, it’s a little crazy to be choose to attend if they didn’t give you the aid that you need. However, if your parents are happy to pay…then fine…and that also suggests that CSS uncovered money that maybe FAFSA doesn’t consider.</p>