Paying college

<p>How much would it cost to attend a private school who charges 60000$ a year if your parents only get 35000$ a year</p>

<p>Interesting thread I have the same question as you ?</p>

<p>Every school handles their financial aid differently, so the best answer is “it depends”. Some schools will require FAFSA only, while other schools will require CSS Profile for financial information and there are significant differences between those two forms regarding valuations of assets, etc. You need to go to the particular school’s website and find their Net Price Calculator (NPC). Enter your parent’s income and asset information and you should get a VERY ROUGH ESTIMATE of what the school MIGHT offer you in a financial aid package. The NPC estimate is only as good as the information you enter into it, so talk with your parents beforehand to get the most accurate info. You also need to be aware that many of these estimated aid packages include loans…so don’t assume that the end result is how much the school might “give” you.</p>

<p>The NPC advice is the best idea, especially if the school does not add merit aid and only meets need (or something full to that).</p>

<p>Some schools also do not meet full need, whatever that means to them. If your parents’ annual income is 35k, then yes, it is likely that some aid, but how much is very much dependent on a number of factors, including the speed with which you file the FAFSA and CSS profile (if required). If you need work-study or other limited federal funds, it is best to file them as soon as possible, using estimated values for 2012 using 2011 values. There are more instructions about filing on this forum.</p>

<p>As othrs have said, it depends on the school. You need to see what the FAFSA EFC will generate. If you are eligible for PELL and any funds that your state will pitch in, that is a good start. Then the school will decide how much of its own money it will give you. It can be the rest of the cost, or zip, just a referral for your parents to check out PLUS to borrow, and let you know that you can borrow up to $5500 as a freshman, $9500 if your parents get turned down by PLUS. </p>

<p>Other schools might ask for additional info, such as a PROFILE and come up with a package for you, again ranging from just the loans above described to the rest of the cost covered with every dollar in between also a possibility.</p>

<p>If you apply to 10 or however many such schools you can that number of different aid packages.</p>

<p>*:^) Chance Me !!!
I applied to University of southern California = USC, UC Irvine, San Diego state university,CSU Long beach, Cal poly, SF state, CSU Fullerton, and Monterey Bay state
all for Business Administration
Stats : SAT score 1760 total CR:640 M:580 W:530
GPA:3:00
I need the truth. sometimes its better to hear the truth then live with false hopes
Please help me out and chance me
*</p>

<p>If you get into USC and your parents don’t have much in assets, you’d get a lot of aid…maybe a free ride.</p>

<p>However, with your stats, getting accepted to USC is unlikely. Monterey Bay is your most likely acceptance. Your parents income will likely get you a Cal Grant and a Pell Grant. With a student loan and maybe some other aid, CSUMB should be affordable.</p>

<p>thanks everyone :)</p>