Low-Income International Student EFC

<p>I am an international student. My father is deceased and my mother does not work. The only source of income is from the rent of our real-estate asset which my father bought when he was alive.It is now valued at $80,000. The income is $5,200 per year and we do not pay tax. I can contribute a maximum of $1000 per year. I am a competitive applicant and I am expecting full need. My questions are how will college calculate my EFC as my family's income is $5200 and the total expense is about $4000 per year. However, the total value of our asset is $80,000.
And, do I need to fill CSS profile?
I will be grateful if someone please answer my query.</p>

<p>i think i read somewhere (i.e. princeton FA explanatory form) that they dont include property value in assessing parent contribution?
im not sure about the CSS profile, you better check with each college, i THINK if you submit college-specific finaid forms you dont need to, but CHECK, im not sure on this, and besides, FA forms arent due till ages-ish after the actual apps are due.
and relax~ im assuming you need full aid, and so do i: you’d be better off applying to HYP, amherst, williams, MIT if youre a sciencefreak (i meant that in a good way), since they’re need blind to internationals:
put it this way, if you get into any of these, theyll make sure you can attend financially. if you dont, well, theres always other colleges in your own country, and you can tranfer to go grad school in america. goodluck!</p>

<p>Most universities do not meet full need for international students. </p>

<p>The information sora gave you is incorrect. On FAFSA, you don’t include your primary residence-- but you DO include investment property which is what this is. On CSS Profile, you include both. </p>

<p>Frankly, I don’t see how you can afford to study in the US. Why aren’t you exploring opportunities in your own country?</p>

<p>there you go, 2collegewego said it all.
its true that 99%+ of colleges dont meet full need for internationals, but if you want to study in US, go for it, the schools i listed above ARE need-blind. (actually, it might be caltech instead of MIT, i cant remember, but anyhows.)
2collegewego, thanks for the info–and btw, i doubt legend13 hasnt researched domestic opportunities, maybe s/he is interested in studying in america for the LA curriculum, its better not to assume.
goodluck with everything, legend13~</p>

<p>sora, I understand. It’s just that most schools require all students to contribute more than $1K per year. And I think you are talking about whether or not they meet full need for internationals-- not whether or not they’re need-blind. Need blind just means they don’t consider your financials when you apply for admissions-- but it doesn’t mean they will necessarily meet your need. They could ‘gap’ you-- that means leave you with a gap between what you can pay and what the tuition is. That gap could be $30K!!! (I know, at some point, it’s no longer a gap; it’s a canyon!) Anyway, I have seen schools listed here that meet full need for internationals but I’m afraid I don’t know the full list. If I were the OP, I would search the forum to see if he/she can come up with all the possibilities and then consider whether or not he/she is competitive for admission.</p>

<p>ahaha, youre lucky legend13, 2college is double checking everything so you dont need to worry, ey?
but yeah, when i meant ‘need-blind’ i automatically included ‘meeting full aid’, sorry i didnt mention that.
but being competitive is about as good as you can get, because admission into HYP (needblind and meets full need for intls) is crazy anyway, nobody’s ever a guarantee. why not apply?
the ‘list’ of schools that are need-blind and full-need for internationals is about 6 schools long, im only sure about HYP and the new york abu dhabi campus (except theyre only picking 100 globally), and if you include lots of catches like ‘need sensitive’ etc.etc. and the schools that ‘gap’ you, like 2college said, well, it gets complicated.
just apply. if youre worth it, theyll take you in.</p>

<p>You may want to keep in mind that international students are not entitled to any federal aid or student loans. These are a major component in a financial aid package.</p>

<p>Depending where you live, that $1k may just cover traveling expenses. Other countries have cheaper schools. Some countries offer scholarships to its students studying abroad. Have you seen this? [url=<a href=“http://www.educationusa.state.gov/home/financial-assistance]EducationUSA[/url”>http://www.educationusa.state.gov/home/financial-assistance]EducationUSA[/url</a>]. At some colleges, international students are eligible for merit scholarships.</p>

<p>So where did you go?</p>

<p>This us a 2 year old thread.</p>

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<p>Just in case anyone is reading this two year old thread…</p>

<p>The MAXIMUM federally funded need based aid guaranteed is the Pell grant and the Stafford loan. These combined are about $11,000 (and that’s assuming the student gets the FULL Pell grant).</p>

<p>Private universities cost upward of $50,000 a year. That $11,000 is NOT a major component in financial aid for needy students (or anyone else because if you’re not low income you won’t even get the Pell). INSTITUTIONAL money…money awarded BY the schools from their own coffers is the major funding that students with financial need seek to attend these very expensive colleges.</p>