You have a bill of ~$12k for this year that will be closer to $15k/year for the next 3 (when you lose your one time only grants). After applying the federal student loan, your gap is ~$6600-7600/year (if prices don’t increase). Can your parents pay that? If not, how do you plan to pay it?
@Lovenetc yes, I am sorry, my post referred to a post in one of your other threads where you weren’t sure yet how much your NGSC award was going to be, my tablet died before I could edit it.
The reason the loans are all unsubsidized and Loventc was not offered workstudy is that sub loans and workstudy are need based aid and their EFC is above the remaining costs after scholarships, so there is no need left.
But she should be able to take out $5,500 per year in loans in her name and parents can take Parent Plus loans if they qualify.
Your bill is due in one week. If you don’t pay the full amount due then you might have to pay a late fee, a payment plan setup fee, or they may simply drop you from all your classes that you registered for.
They might not let you stay in the NGSC program if you are not registered for classes.
You need to figure this all out today!
Tell your parents how much the bill is and ask if they would be able to pay the $3000 per semester. If not they need to tell you that now and also say if they would be willing to sign on for Parent Plus loans for you. You need a clear answer from them today!
The $500 scholarship is a drop in the bucket, you have no more time to wait. If you get it, use it for books.
You need to accept your $5500 loans right now before it’s too late.
You cannot get additional $4000 in loans if your parents decline Parent Plus, only if they apply and are denied based on their creditworthiness.
But that would still leave you short. As a fulltime Barrett honors student and in the NGSC program, you are not going to have enough time to work enough hours to earn $6000 a semester, not even $3000 a semester. And they want their money up front, next week, not later.
Upperclassmen (sophomore) housing at Taylor Place is more expensive and I believe Barret honors students must live on campus?
https://barretthonors.asu.edu/student-life/housing/floor-plans-rates
https://barretthonors.asu.edu/student-life/housing/frequently-asked-questions
Lots of things to find out that should have been addressed a long time ago:
As a Barrett honors student am I required to live in university housing every year? Am I required to have a meal plan?
If you are not in honors, would you be able to live off campus, commute from a relative’s house?
Is the NGSC scholarship contingent on being in Barrett honors?
Is the $2000 ASU scholarship contingent on being in Barrett honors? It is renewable every year if a 3.0 GPA is maintained? How easy is it to maintain the 3.0 GPA in Barrett honors?
If you don’t have the $1,000 one year scholarship next year, would your NGSC scholarship still cover tuition and fees?
basically you have tuition, fees covered now and potentially in the future, but you need to see if your housing expenses can be reduced enough so you can afford to go, but to do so you might not be able to be in Barrett honors. You need to get answers for all of these questions to decide what is the best course of action.
ASU does have a payment plan. Your bill each semester would be split into 3 installments, payment due on the 25th of each month (Fall- Aug,Sept,Oct. Spring-Jan,Feb,March). I really hope you will be able to attend ASU for your 4 years, but it seems like this financial situation WILL get more difficult for the next years 
@Lovenetc It looks like your tuition, fees, and Barrett additional fee are covered for the year. 
Your room, board, and money for books and other incidentals are not.
If I am understanding what you are saying correctly…
You can take out the Direct Loan of $5500 for the year, split evenly between the two semesters that is $2750 per semester covered with your federal loans.
It sounds like you have another grant that will give you an additional $606.35 per semester
These total $3356.35 per semester covered with the small grant and loans, leaving $3363.35 to be covered per semester this year, or a total of $6727.30 for the year (after the direct loan and grant).
Does this sound accurate?
Can your family afford this out of savings, current income, or a combination?
If not, they can apply for the Parent PLUS loan. If they are denied the loan you will be eligible for an additional $4000 in federal loan aid ($2000 per semester), which will get you down to $1363.35 per semester in direct billed costs to be covered by you and your family out of current income and savings.
Regardless, you (and likely your family) will have loan debt to pay off for your undergraduate degree, and the amount of this debt may impact your choices post graduation.
It is difficult to depend on a part-time job during the school year to pay more than what you will need to cover books and incidental expenses for the fall and spring. You may have a little left over to go towards tuition, but not a lot. It sounds like there are community service hours, and additional responsibilities related to Barrett, and this will cut into your time available to work a job (remember that you also have to go to classes, and do all of the outside of class work required for classes 
)
You have worked hard to piece together quite a bit of scholarship/ grant aid in order to attend ASU Barrett. Kudos!! If you family can help you with the additional room and board costs, and you can get a job to cover incidental expenses it sounds like you may be able to squeak by this year, unless I am missing something.
Remember that costs will go up each year, and it sounds like some of your awards are one time only, so you will need to make those up and then some with work this summer. You may need to take a semester off to earn money to return to school, you may be able to move off campus to live with extended family in the area once you are a junior.
Classes start at ASU tomorrow, so I suspect that you are already there finishing up orientation, and set on attending. I agree that your financial situation may get more and more complicated/ unmanageable over your time at ASU, but I hope you and your family are able to make it work! Please do continue to follow up on CC when you have time. All the best
Parent agreed to Parent Plus Loan, waiting for that to go through. What I don’t understand is why I have the Direct Unsubsidized Loan when the Parent PLUS Loan is for $12,220 and I need to pay $6,720. What would I be taking out that money for since everything else is paid?
Everything meaning tuition and fees.
And yes, it’s the Direct Unsubsidized Loan, I’ve wrote that several times already.
Sorry, my comments got all messed up so if they are cut off or don’t make sense, I apologize.
@Lovenetc Were your parents approved for the Plus?
The $12k is for both semesters, it seems.
@itsgettingreal17 Don’t know, the process just started today, and it’s $6,110.00 for each semester.
You need to take your direct unsub loans first because they have lower interest rates and lower origination fees. Then your parents can take the rest in Parent Plus loans.
interest rate on direct loans is 3.76 % Parent Plus is 6.31%
fees direct loans 1.068% Parent Plus 4.272%
Also direct loans don’t have to be paid back until after graduation. Parent Plus loans I think you have to request that or repayment starts right away.
Yes, your tuition, fees are covered
Make an account with Americorps and apply your award to your bill when it’s available
You have $6720 ×2= $13440 left to pay for the year, right?
So minus AC award of $1200 that is $12240
Minus $5500 direct unsub loan is $6740
So your parents would only have to borrow $6740 for the year then
Less in interest paid, less in fees paid.
So for this semester you would borrow $2750, your parents $3370 and you apply 1/2 of your Americorps award $600, that should cover the $6720
Maybe she wants her parents to borrow the $12k since it’s legally their responsibilty to repay, rather than reduce that by her own Direct loan of $5.5k.
^^^Room and board, although the you shouldn’t need that much for the Plus loan and you don’t have to take it for the amount offered (which would be anything up to COA)
So if you have about $13500 in remaining BILLED costs mostly (room and board for the year), and you can take $5500 in Stafford loans, your parents only need to take $8000 in Plus loans. That assumes you can pay other expenses as they are incurred, like travel, incidentals, books, any fees that come up. The school COA probably has $3000-5000 included in the COA that you can control (travel costs, incidentals, insurance, parking)
While college is considered to be a moral and a social obligation, with the exception of very few cases, is it a legal obligation. OP’s parents have no legal obligation to pay a dime for college, much less borrow money to pay for college.
You misunderstand what madison is saying. She’s saying that the PLUS loans are the parents’ responsibility (once they take them out).
Cool, but is also her parents right to not borrow if they don’t want to take out loans. IMHO, this is no way to live the next 3 years, constantly trying to find a way to cobble together money to attend especially where part of her funding may not be guaranteed for all 4 years
I may be mistaken, but isn’t the OP in commuting distance?
@sybbie719 no one is saying otherwise. In fact, people have been advising this student for months that if she has to rely on PLUS loans that it’s unaffordable.
The OP has completely ignored all the advice she’s been given because it’s not what she wants to hear.
My NGSC scholarship is renewable for the next three years, in case people are wondering how that works. If I receive more aid or grants from the University, it impacts the award amount. In fact, I had my first class today for NGSC!
It’s not like I didn’t apply for a ton of scholarships or ask about scholarships on here. In fact, I brought up a scholarship on this forum and several people told me to forget about it (I hadn’t heard back from them, it’s from this attorney group) just because it was only for $500. That’s $500, it’s better than nothing. That’s just all I want to point out. I just wasn’t given the opportunity to prove that I am a student who is worthy of scholarship money all because it was pointed out on here I didn’t have the test scores.