Loans, college funds, etc etc

Applying to College
1

<p>I have some basic questions whose answers seem to vary from website to website. I want to get any experienced opinion on finances for college. </p>

<ol>
<li>How much are you allowed to loan per year?</li>
<li>How much aid do colleges usually give to regular middle-classers? (like i tried a FAFSA calculator that said my single mother with 77000 /yr income and 3 children would get no aid?)</li>
<li>How much did YOUR parents pay for college year to year compared to how much you yourself paid (jobs, etc). </li>
</ol>

<p>An answer to ANY of the above questions or an answer to any related questions you may have off the top of your head would be greatly appreciated! </p>

<p>Thanks!</p>

2

<p>oh, and how much do your parents have in their college fund for you? Because I have two siblings, each of us only have 20,000 in our college fund. Is this the usual amount, or is it less because there are more kids?</p>

3

<p>I responded to all of your questions on the financial aid forum.</p>