<p>I want to attend the University of Arizona fall of 2010, I live in Pa so i will be paying out of state tuition. Including room and board it will cost around $30,000. My mom has 3 children and makes around $40,000 a year. How much will fincial aid take off, and how would I go about taking out loans to pay the rest?</p>
<p>UA is a state school and the vast majority of their FA will be dedicated to in-state students. Unless you are a particularly high scoring, desirable student who would qualify for merit aid, I wouldn’t count on any FA. To get any loans you would have to file for FAFSA in early January. That will at least qualify you for a Stafford loan. I would make sure you apply to an in-state school or some school where you might get merit aid as a financial safety.</p>
<p>Do you have an estimated EFC? If not, I would try to come up with one - college board’s site as a calculator which is fairly accurate. If your EFC is $4617 or less, you will be eligible for a Pell grant and possibly an ACG. Being Pell eligible may also open the door to an FSEOG and/or Perkins loans - that depends on availability of funds at the school.</p>
<p>As Erin’s Dad said, you may find that UA gaps you quite a bit if you don’t get merit aid. Make sure it’s not you only choice and try not to get your heart set on it until the FA offers come in.</p>
<p>You would probably end up borrowing much more than most students would be comfortable with. You would also need a co signer with strong credit for loans that big.</p>
<p>You would be better off applying to private colleges that meet full need in your income bracket.</p>
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<p>I want to attend the University of Arizona fall of 2010, I live in Pa so i will be paying out of state tuition. Including room and board it will cost around $30,000. My mom has 3 children and makes around $40,000 a year. How much will fincial aid take off, and how would I go about taking out loans to pay the rest?
<<<<<</p>
<p>You have several misconceptions going here…</p>
<p>First of all, OOS publics don’t have much FA to give any students, much less OOS students. </p>
<p>The only thing you MIGHT get is the SMALL amount that you’d get from federal grants - which wouldn’t make much of a dent in $30k per year costs. Does your mom get any child support? </p>
<p>Since your grants would leave you with about $20-25k gap each year, you wouldn’t be able to cover that with student loans (nor should you). That would mean borrowing $100k for undergrad. Borrowing $100k in student loans will result in a monthly payment of $1200 for TEN LONG YEARS. Not for a few years, but for 10 LONG YEARS. </p>
<p>That would be overwhelming to the point that you’d find it hard to support yourself. It would be like 4 extra car payments (in addition to your own) for 10 long years. </p>
<p>Thankfully, you’d need a co-signer for such loans and (hopefully) your mom would know that that isn’t a good idea, since she’d be responsible if you defaulted, and because she would realize how burdensome such debt would be.</p>
<p>The only way it ever “works out” financially to go to an OOS public is either to have the cash, or to get a great merit scholarship.</p>
<p>What are your stats? Perhaps there a better way to do this. Also, what will your major be?</p>
<p>Are you going to be a NMS? Arizona also has a few scholarships for high achieving OSS students. If the answer is “no” to both, it will be difficult for you to piece together the costs for Arizona. You may take out a Stafford Loan for around $5,000. After that any other government assistance will be dependent on your family EFC. If you mother is turned down for a parent loan, you may qualify for some additional Stafford loan dollars. It is highly unlikely that you could pice together $30,000 worth of loans on your own for 4 years straight. You might want to contact admissions or finaid and find out if there are any other scholarships for which you might qualify.</p>
<p>^^^</p>
<p>I think it would be very wrong for a student to ask a simgle mom of 3 kids who only makes about $40k a year to take out any loans, much less a parent loan for each year the OP is in college. </p>
<p>This mom can’t really help this child without obligating herself to help the other 2 kids. It would be a very unrealistic burden.</p>
<p>This mom will have a hard enough time trying to help her son fly home for Christmas, spring break, and for summers.</p>
<p>I don’t know if you’ve looked at the COA for Arizona for OOS students, but here it is…</p>
<p>Category Non-Resident UArizona<br>
Tuition*---------- $22,266
Room/Board -------- $8,614
Books/Supplies ------$1,000
Travel --------------$1,682<br>
Miscellaneous--------$2,368<br>
TOTAL -------------$35,930 </p>
<p>*Some courses may have additional course fees or course related expenses. Refer to the Schedule of Classes for details. </p>
<p>*Tuition is subject to change at any time. </p>
<p>Depending on the school, individual “course fees” can add another $500 per year.</p>
<p>Just room, board, and books cost about $32,000 for THIS year. Next year (and each following year) will likely be higher.</p>
<p>Yea after reading all those posts and getting really dissapointed I’ll probably go to WVU, its alot cheaper and would’nt mind taking out loans if I had to. But I dont think my mom recieves child support any more since me and my brother are 18 or older.</p>
<p>^^^
What are your stats? Maybe it’s possible for you to get some merit money somewhere - if your goal is to go out-of-state?</p>
<p>I know that you say that you wouldn’t have minded taking out the loans, but “taking out the loans” is not the hard part, paying back those loans over the 10 years would be horrible.</p>
<p>BTW…would you get in-state tuition at West Virginia U even though you live in PA?</p>
<p>Well my college GPA is around a 3.4…I’m majoring in nursing…I don’t believe I would get in-state tuition for WVU…Is it possible to see how much aid I would get before commiting to a college?</p>
<p>What is your SAT or ACT?</p>
<p>If you won’t be in-state for UVA, you’ll have the same problem, an unaffordable school because of OOS fees. Public universities can’t give FA needed for OOS students (same problem with Arizona).</p>
<p>Yes, you’ll “know” the FA package before accepting, but the main thing now is that you need to apply to in-state schools that are cheaper. Otherwise, spring will come and you’ll have skimply FA packages that won’t meet your need at your schools.</p>
<p>Can I give you some more motherly advice (I know that I’ve been doing that already. 
)</p>
<p>You say that you want to major in nursing - VERY admirable! However, that is not a profession that would pay enough for you to take on any sizable loans that you spoke of earlier. </p>
<p>There seems to be a “disconnect” between what your future career would pay and what you thought was reasonable for student loans. I realize that you probably don’t have someone who can advise you, so I’m glad that you’re coming here. There are many on this forum that can help you get the Nursing degree that you want, without the stifling debt that you were considering. </p>
<p>I’m guessing that you want a BSN to become a RN … Right?</p>
<p>And, what is your SAT breakdown Math CR W</p>
<p>and/or ACT?</p>
<p>People, this young person needs recommendations for PA in-state schools for nursing. Maybe also some privates if SAT/ACT scores are high enough to be appealing for privates. Her family is rather lowish income…see above.</p>
<p>The following is a list of the expected OOS cost to attend West Virginia University:</p>
<p>Tuition: $14600<br>
Room and Board: $6826<br>
Books and Supplies: $950 </p>
<p>Cost of Attendance: $22376 </p>
<p>I plugged in your family’s info and the result wasn’t good. Just $1760 in grants, and at least $16,000 in loans for each year, plus some work/study. </p>
<p>It also calculated an EFC of $2500 - which if your mom can’t pay for that, then even more loans would be needed. :(</p>
<p>So, if you had to borrow about $18k per year, that would be about $72k borrowed.</p>
<p>That would give you monthly payments of over $828 per month for 10 years. That’s just not reasonable on a nurse’s salary (That’s not reasonable on many salaries! ).</p>
<p>It just isn’t reasonable for someone who’s going to be a nurse to borrow about $65k (I don’t think you’d be able to borrow that much anyway.</p>
<p>:) But, don’t despair…we’ll help you find what you need :)</p>
<p>I didnt take my SATs. I plan on transferring from a community college that I attend now. Yes I’m majoring in nursing(BSN). But I going to grad school for nurse anesthesia. I want to be a nurse anesthetist, and if I do go through with that and become a CRNA, I wouldn’t have problems paying back any loans.</p>
<p>“I plan on transferring from a community college that I attend now.”</p>
<p>Your best bet for completing your BSN affordably, is to transfer in state to one of the universities that have articulation agreements with your community college specifically for the nursing majors. Have you spoken with your department and with the counseling office about this yet? They should be able to point you in the right direction.</p>
<p>Since you specifically plan to pursue grad school, don’t forget to ask your advisors about which of the universities that are affordable for you are the best at helping students like you get into the graduate programs that you want. You also need to find out how much that graduate education is going to cost you. If you can, try to leave the student debt for grad school.</p>
<p>Wishing you all the best!</p>
<p>^^^</p>
<p>Happymom is exactly right. there are public schools in your state that are likely required to accept your CC credits. If you try to go OOS at this point, not only would you have a lot of unnecessary student loans, but you’d likely find that some/many of your CC credits aren’t acceptable :(</p>
<p>Then, once you have your BSN, the you can become a nurse anesthetist - a fab career. </p>
<p>I know that a CRNA makes more money than a BSN RN…BUT…you will have to take out loans for your grad school (probably about $100k). If you had undergrad loans PLUS grad school loans than even a CRNA salary wouldn’t be enough. </p>
<p>I know that a CRNA salary sounds like a lot to a young person, but when you’re raising a family, buying a home, making a car payment, and paying LOTS of TAXES, and also having to pay an extra $1200 a month for ten years ($100k for grad school), you’ll be glad that you didn’t ALSO borrow for undergrad. Believe me. When people are struggling to pay back their student loans, no one is saying, “gee I wish I had borrowed more.” NO, instead, people always say, “I wish I had borrowed less.”</p>
<p>So, which in-state publics accept your CC credits and would likely have a strong BSN degree?</p>
<p>Any PA experts out there???</p>
<p>CRNA make alot more then regular nurses, its one of the top paying jobs in America. All credits will transfer just as long as there college level (non remedial). I got really good aid for the CC I attend now. I really dont like any of the schools here in PA. I’m just going to apply for aid and if I feel I can’t afford an OOS school then I’ll attend an instate one.</p>
<p>
They most certainly can and do! In fact, an OOS student will get a larger package than a Virginia resident coming from a family with the same income specifically because their tuition & fees are higher and therefore the need is greater.</p>
<p>And by the way, the fees are different for an OOS student. The tuition is.</p>
<p>Most Financial Aid offices have calculators on their websites that will help you estimate your award.</p>
<p>UVA is one of the FEW publics that says it meets full need. That is NOT true of most. And at colleges which do NOT meet full aid, even with more aid an OOS student may pay more than an IS student.</p>
<p>Correct. However, the statement that publics can’t give OOS aid isn’t true.</p>
<p>Can they give full need to OOS students? I know it may not be the smartest thing to do, but its my “Dream School”. And if I could get a reasonable amount of FA and scholarships, I really wouldn’t mind taking out loans, I just want to be happy.</p>