Merit/Scholarship/Grant Potential: Can you get more money, and when...

@itsgettingreal17
Yep, you’ve summed it up. We had a nice savings account 10 years ago, but no savings (except 401k) now. If I had to guess on the EFC, I think it was upward of $25,000. Not sure though. I just remember I was SHOCKED by the amount. We have discussed me finding a full-time job, hopefully somewhere with benefits as good as what I have now. But we can’t see how that would work for our other daughter. My job would have to be VERY flexible, but even then, I can’t say I’d be able to last a full day of work with my limitations. This all sucks!

Oh, we’re in Wisconsin. And my D did not apply to a single school in-state.

As I mentioned earlier, it doesn’t really work that way. Schools over-award aid and admit more students than they can accommodate with prior yield rates in mind so they can hopefully reach their target class size/aid budget.

If there are schools that she would not attend AND they cost more than schools she prefers, then she could notify those schools she doesn’t plan to attend. However, doing so will not necessarily open up a spot/aid for another student.

At this late date, the options are unfortunately very slim. Does your daughter have any interest in a gap year? If I were you, I’d take a look at whether there are any good transfer scholarships available at local Wisconsin schools to determine whether the community college to 4-year route makes sense. If it doesn’t, I’d either have her (1) take a gap year, work and save money, and retest to try for a 34+ then apply to a different list of schools where she has a shot at a full ride and apply to many outside scholarships; or (2) take the loans and send her to Alabama and try to keep costs as low as possible.

If your daughter wants to go into medicine I’d limit the debt she takes as an undergrad. She can only borrow ~$5500/year on her own. With your current financial picture you probably can’t cosign for more, nor should you.

A lot of families can’t pay out-of-pocket for residential college. Our kids start at community colleges or commute to our local state university. If your net cost at AL is ~$11k, you might be able to swing that with the federal student loan, summer work earnings from your daughter, and a little help from you. But if you can’t contribute anything, I’d look into the WI public schools. There are plenty of smart kids whose parents can’t pay for name brand schools. Your state universities are probably full of them.

Have you ever considered homeschooling your younger daughter? The [WI homeschooling regs](Start Here – Wisconsin Homeschooling Parents Association) seem reasonable and might take some pressure off of both of you. It might help cut your expenses some too.

I think UAB (Alabama Birmingham) may still be accepting applications and giving out merit aid. @mom2collegekids ?

Ok so she doesn’t have a safety school from a financial standpoint.

Does she understand the financial reality of the situation? Obviously it’s a huge mind shift from thinking you could go anywhere you wanted to needing to make $ the first and perhaps only priority. The sooner she gets that, the better off she and you will be.

Might be worth a quick phone call to her guidance counselor to set her straight on the situation see if she has any suggestions. It’s possible she’s had other students needing close to full rides and has some ideas, even at this late date.

Also, wouldn’t focus so much her med school plans as a driving force in under grad. So many students change their major in college, and it sounds like she have fairly romantic view of life at this point w the adopting 27 kids concept :). Practicalities will kick in soon enough.

@cccjbac If your daughter is serious about trauma medicine, barring a gap year, she should go to Alabama and not look back as that is her lowest debt option. That 11K appears to be room and board, no? Direct student loans would cover half of that. Summer work could contribute another 3-4 K. If you and your husband could cover even 5K per year, that would be doable for her. Also those AP credits would probably shave a semester off her time to completion for her B.S.

Is she under consideration for any of the named scholarships at UA? Did your D apply to the PPSP program at Case? Has she checked her portal recently as scholarship finalist notifications for PPSP went out within the last week?

So far, the other options appear to be unaffordable for your family. There may be a few places like UA-H or UA-B that are still accepting applications/offering scholarships, but at this late date I don’t know.

I am very sorry for the difficulties your family has faced. This means that your D will have to adjust her expectations or adjust her long term goals. Most kids love Alabama once they settle in.

Good luck to you! And don’t feel too badly. For many people the reality of college admissions and funding is a rude awakening. You are not alone. You were very prudent in having her submit that Alabama application - it’s a very good option! And who knows, it’s possible that something else will come through between now and April 1.

@itsgettingreal17

My stomach is in my throat. How does one determine which schools would be likely to offer a full ride? Half of the schools she applied to waived her application fee and even waived the essays. We thought that meant they wanted her by doing that, enough to help her get there. She could have graduated a year early, but she wanted to keep playing her sports. We cannot be the only parents who are unable to fund their kid’s college education. Where should she have applied? Oh God, I’m sick. I don’t want to believe that college is only for the wealthy, those who have never been sick or struggled, or really poor. My heart’s breaking. I stupidly thought there would be more options for such a talented young woman. We never prepared her for not going to college, a good college, right away to get started on the long journey to become a surgeon. I’m sick.

@austinmshauri

D#1 needs a break from our home. It’s not bad, she’s been happy, healthy, and thriving. But it has been hectic and heavy with responsibilities to support me and D#2. She deserves to get away. But, we will definitely take a close look at in-state fall-back options. Homeschooling has been considered for D#2, but all who have worked with her or know her agree that would not be good for her. And I have to keep working to provide our healthcare coverage, because we need it or we’d go into greater debt, and finding the coverage we have for a part-time position is rare. I am grateful for my husband’s good income and my expensive but amazing insurance coverage, which have kept us afloat and allowed or girls some wonderful life experiences. I do regret that we were so blind to the ridiculous cost of education and how to navigate it, or better help guide our daughter through the maze. I feel like we’ve set her up for disappointment without knowing it. But we’ll march on. Thank you for your honest and sobering feedback. Better now than 2-3 months from now.

http://automaticfulltuition.yolasite.com/

You’ll need to check each school because the list hasn’t been updated in a while.

@JustGraduate

Thank you. Yes, we’ve talked about finances. I have a spreadsheet breaking down each expense, financial aid categories, travel home, etc. She expects to take out loans, work during school and over breaks. She knows we will do what we can but it can’t be counted on, but we just never expected there would be so much unmet need. If she was offered a merit scholarship with her acceptance, or shortly after, can we expect more aid to follow? That’s been very unclear. I pray we see more. Even Alabama’s offer is only a merit scholarship, although very generous. Do we have to accept to see what can be added, but then how could one ever choose without knowing.

I have been saying “we” a lot, but the truth is that our daughter has been running this herself, updating us as she receives info. I believe she has applied to additional scholarships whenever a school had them, except for Case Western, Wash U., and Drake (because they were due at a time that she was overwhelmed with other responsibilities, like studying for her Calc 3 Final and other semester exams). She let Case and Wash U slip by because she wasn’t passionate about them (had more dislikes than other colleges she applied to). Keeping up with 12+ applications, essays, recommendations, honors college applications, and scholarship deadlines consumed much of her time. She was advised to cut back, narrow done her options, sooner verses later by her teachers and counselor. But she might have shot herself in the foot. And we weren’t involved enough to make her do otherwise. Which was what we thought we should do, let her drive her own plans, take responsibility and own it.

We were proud of her independence and management of all this on top of school, tutoring, and her job (which she’s been working nearly every Fri, Sat, Sun). LOL, ya, adopting 27 teens is a huge exaggeration, but she has little desire for money unless it is to help others (like teens waiting for adoption who rarely see it, because she personally knows such a child). She is a minimalist at heart, rarely spends money on herself, doesn’t feel she needs any more clothes because all her sport t-shirts and sweats are fine. She was dissecting worms with pins on cardboard when she was in 1st grade, dissected hers and half a dozen others’ crayfish that were cut open to look at for a zoo class in 3rd grade (grouping body parts, eyes, etc). Thanks to a special grant, she participated in a video-conference in 6th grade where she dissected a sheep heart, again exploring other students’ hearts who were more squeamish. This crazy kid brought several pieces home in her pocket (against the rules) and tossed me one when she walked in the door (I screamed and threw it in the air). She was fascinated by the texture and that it was a “heart”. She took Advanced Bio A/B (human anatomy and physiology) in 9th grade to dissect other animals but was extremely upset when Marquette Univ wouldn’t allow her to attend their tour of the cadaver labs because she was under 16 years old. She go her shot at that later in AP Bio. I would be shocked if she didn’t become a surgeon (for a while it was medical examiner), or at least a doctor. But I agree with you, many students change their majors in college. Both me and my husband did, so we have often encouraged her to make sure whatever her undergraduate degree is, that it can also lead to a nice career (in case she doesn’t go on further).

I’m sorry. Rambling on. That’s a sign of me being overwhelmed, trying to talk my through the fog and find an answer. (sigh) Again, thanks for your thoughts. I’m grateful I stumbled on this group, and I appreciate your time and thoughtfulness to reach out.

@mamaedefamilia
Is she under consideration for any of the named scholarships at UA? Did your D apply to the PPSP program at Case? Has she checked her portal recently as scholarship finalist notifications for PPSP went out within the last week?

She received the Presidential Scholarship (full tuition, for 4 years, even if she finishes degree in less she can still use the money for a double major or a masters degree) at the University of Alabama. 

She has been invited to apply for several direct admit, or 7/8-yr medical programs, but she didn't want to make that commitment to one school. She wants to choose a medical school different from her undergraduate location. Plus, she was overwhelmed by all the different applications (admission, Honors programs, scholarships, etc) and deadlines, while also playing Varsity Volleyball (as team Captain) deep into play-offs this fall, and keeping up with school. She was under the impression she could apply for those programs once she made a decision on where to go. She asked her guidance counselor if she was more likely to get in if she applied to the 7/8 year programs, and he wasn't much help. Plus, when she toured Rice and asked the same question, they told her that they want a student that wants to be a "Rice" student, not a future medical student. So she thought it was better not to apply.

She doesn't really want to go to Case either. Well, more like there are other schools that she hasn't heard from that she would prefer. So she also didn't take action on the invitation to apply for a full tuition scholarship at Case because of the timing, lack of time, to complete the requirements. I love Case, but they have several cons when it comes to her ideal school.

I don't think she realized that she is limited in how much debt she alone can take out. I've heard stories about that, but didn't know it was a hard rule for everyone (I was in the hospital or rehab when those financial aid discussions happened at her school, and we thought she understood that picture). Oops.

Ideal School:
-Study Abroad opportunities using tuition dollars for Pre-Med students (not as easy as you'd think)
-a closed campus feeling, separate from the community
-small-mid size (5-15K)
-D1 Football team, or a strong football tradition (hockey was OK for Denver cuz she liked everything else about them)
-Green-space (for throwing around a football), she likes the large quad feeling
-Meal options that include a-la carte and all-you-can-eat options
-some Greek Life (cuz she's curious about it, but not necessarily interested in participating)
-Outdoor/Adventure opportunities
-good research opportunities for med school applic
-close to a city/suburb that offers options off campus (without being "in" the city)
-cover full college costs would be great, but she is willing to take on debt for a great "fit" (but her parents aren't)

@Erin’s Dad

Oh-Emm-Gee!!!
That is amazing! I am not very tech-y, don’t use the internet as much as I could. But I am now a believer in the magic! I wish I started asking questions a long time ago.
Thank You!!

@cccjbac I don’t think you can be worrying about an “ideal school” at this point just some place that she won’t be gapped. It looks to me that Alabama would be a good fit so she just needs Room and Board and Books.

She should apply to as many local one time scholarships to help offset the the cost of room and board for the first year, I’ve heard the first year meal plan is very pricey at UA but her room and board cost should go down in future years when she moves of campus.

@cccjbac WOW. When I started reading your long post, after paragraphs 1 and 3, I was all set to reply to you saying that I could totally relate! I felt your pain of letting my son handle certain things that I wish I’d known about 6-12 months ago, and I also felt somewhat misled. I know that no one meant anything harmful by telling us that, but with his stats, involvement, and everything else, we were constantly pat on the back and felt as though he was a shoe in for wherever he wanted to go, and the money would be rolling in. And I don’t say that with one grain of arrogance. He is the most humble kid I know. Which again, is why this is so difficult to watch play out. He’s at the very cusp of receiving an out of state waiver, and we are biting our nails, losing sleep, and stressing 24/7. It’s the only way he can attend.

But then, I continued to read your story, and my heart goes out to you! I can, in no way, relate to all of that. We’ve had struggles and distractions for sure, (too many to name), but nothing like this. I’m hoping that you were able to communicate your story in essays or conversations with financial aid departments. I definitely feel as though visit or phone calls to these places might at least help to plead your case. I know many schools are still offering money. And I will say this. Some schools have a lot better human touch than others. I don’t have a list in front of me, but there are still schools that you can continue to apply to, that are great schools, that offer more money. I’ll see if I can dig it up, as time is getting tight. God bless y’all, and I’m hoping for the best!!

I hope this doesn’t sound harsh. I’ve read this entire thread and I’ve seen various suggestions regarding how to make this dream to happen for your daughter, but not many suggestions on how she can help make this dream happen herself. Back in the day, a 4 year college education prepared you for a job… hopefully a higher paying job. It doesn’t sound like you are in a position to support her through 8 years of schooling and I’m not sure many people are. I am very concerned about anyone talking about letting a 17 year old take on that kind of debt for a dream. I am suggesting that in order to pursue a medical career, she consider a “career ready” major like nursing. Work a few years in the field (earn very good money) and see if it sticks. I’m sorry for all of the hardships you’ve endured, but I believe that she needs to understand that you can’t finance her dream for her.

@cccjbac Your options are limited based upon the schools that your DD applied. UNC I would rule out right now, merit scholarships have been sent to those students already admitted. As a long shot, I would have a discussion with your guidance counselor to see if there is anyway your DD can submit an application to U of W, since you are instate, the total cost is $25k. If you DD would attend one of their locations near your house, then she could save room and board and only pay $10.5k, before books. She can always transfer once your financial situation is figured out. Another option is community college for one or two years - least expensive. Last option is to have her take a Gap year, work and reapply in the fall with a better understanding of the process and potential outcomes.

I am really sorry to hear of all your troubles. Your D is clearly a wonderful student. Unfortunately, you have to face the truth. Without her and you going into a lot of debt, your options are limited. I know your child has worked hard and deserves a great college experience, but the idealized vision might not be possible.

I think you need to consider a gap year seriously. It will give her enough time to apply to the automatic full tuition colleges. She can spend a year working and saving, because it seems likely she will have to have at least some student loans. She also should consider community college. What med schools want to see are high grades and high MCAT scores. Most seasoned posters will tell you that undergrad doesn’t matter too much for med school. It’s getting high grades that is important.

I attended CC, and many people do. I enjoyed my college years, even if I didn’t have a traditional college experience. I think your daughter should visit the local CC. She may be pleasantly surprised by the range of classes offered. Some CC are quite collegiate in atmosphere. There are clubs, opportunties to do sports, and of course she will meet new people.

She might want to consider taking the ACT the again to get an even higher score. Maybe she can get a full ride if her score is higher. There aren’t that many full ride scholarships around, so she might have to wait a year and reapply.

I haven’t seen @mom2collegekids here yet, but she is the guru on these matters. Maybe she can weigh in. I think you might want to have a frank discussion with your D about the possibility that college may not happen this year. Best wishes going forward.

@cccjbac

full ride available at Troy University. APPLY RIGHT NOW AND SEND ACT SCORE ASAP.

http://www.troy.edu/scholarships/undergraduate/troy-scholarships.html
Millennium Scholar’s Award, pays full tuition, room and board. Requirements are 32 ACT and/or 1420 Old SAT 1 (CR & M only) or 1470 New SAT and 3.7 GPA (4.0 scale). Application deadline is March 1st.

at this point you need to scrap the ideal college wish list and replace it with “Most Affordable” – and of the schools on your list that leaves Alabama.

Your room and board year 1 will be biggest expense. however, she can immediately pursue an RA position for subsequent years. depending on UA’s policy, that could cover room or room + meal plan, plus secure housing for years 2-4.

she can also pursue these competitive scholarships once she begins:
https://honors.ua.edu/scholarships/honors-scholarships/
https://honors.ua.edu/scholarships/prestigious-scholarships/
https://honors.ua.edu/scholarships/premier-award/

the personal catastrophes your family has experienced should give your daughter pause about taking on massive college debt. life has a way of refusing to cooperate with our best-laid plans. the debt she may be considering taking on would be very difficult to pay off under the best of circumstances. what happens if life throws her another curveball? it could ruin her future. she really needs to focus on minimizing college debt.

she could look at Alabama-Huntsville and Alabama-Birmingham to see if they may be less expensive than UA.

also she might consider commuting to a directional Wisconsin state university if that would be less expensive and if there is one near you.

i will repost this website so you can comb thru for other options:
http://automaticfulltuition.yolasite.com/

if you decide to take a gap year and reboot the process, you might have a wider selection of affordable options – especially if she can retake the ACT and score a 34 or higher.

@cccjbac You’ve certainly had a load on your plate. Your daughter sounds a lot like my son - very high achieving Wisco kid who wouldn’t apply to in state schools and wants to go to medical school . Have you visited Drake? I was so impressed when we did, and it’s not rural, Des Moines is a city of over 500,000 people with about 4 hospitals that the pre med kids can job shadow and work in. Their professors actively help kids build their “resume” to apply for medical school, too. Frankly, I am rooting for my son to pick it! They’re also building new biology buildings that will be opening Fall 2017. Also Des Moines was listed by Forbes as the best city in America for young professionals. Go Bulldogs :slight_smile: