Paying for UC as an OOS student?

Paying for College
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<p>So I've been admitted to UCB and UCLA from OOS (Georgia), and I've been charged a lot. Despite the aid that I've been given, the UCs expects me to pay ~$40,000/year. Now, about my financial situation, we're not rich - income of $50,000-70,000. So as the situation is right now, chances of me going to one of these fantastic schools looks unlikely.</p>

<p>Please, for those of you who are going/have been accepted to any UC as an OOS student, please explain how you are covering your costs, and anyone please advise me how I can go about paying these costs. I know I seem desperate, but I'm just curious to know my options.</p>

<p>FYI, I've been accepted to my safety state school so I have another option. Also, I've been applying to a bunch of scholarships and haven't received any yet. I did apply for the Leadership award and the UCLA scholarship, and am still under consideration, but unfortunately the results come sometime in May after the deadline, so I have to decide before then.</p>

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<p>The UCs do not give need based aid to cover the difference between in and out if state costs. This alone is about $23,000. They also don’t give aid to meet your FAFSA EFC,…so whatever that is, add that amount to $23,000. </p>

<p>The ON!Y aid guaranteed for OOS students is the Direct Loan of $5500. If you got more than that in need based aid, you did well for an OOS student.</p>

<p>How do most OOS students pay? Their parents pay from past earnings (savings), current earnings (income), and future earnings (loans).</p>

<p>Your instate options in Georgia would be much better financially for you, as you are instate there. Great that you have that option.</p>

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<p>@thumper1 - thanks for the advice! Yeah, it’s just that I feel paying even $23,000/year would be tough for any family, so I wanted to know how they would pay for it. My parents do have some savings, and I suppose I could take a student loan, my parents could take a parent PLUS loan, and maybe do work-study? It’s all far-fetched, I guess…</p>

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<p>It’s a LOT of money. But really, this is a family decision. Discuss your options with your family.</p>

<p>I would urge you NOT to take $100,000 in loans, however. Just my opinion.</p>

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<p>Seriously you should have asked your parents if they can pay that before even applying. Some families have saved enough since their child was born to pay full price wherever they want to go. Some have enough money not to worry about it. The rest of us don’t apply to OOS state colleges where the price is going to be out of range. We look for ones that cover our need or get merit aid and there are privates that do that.State colleges in other states don’t usually do that. Taking loans for 100,000 plus just doesn’t make an sense at all. It would be more sensible to get your undergrad degree that is affordable and trade up for a Master’s with that money, you’ll get more bang for the buck. </p>

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<p>weren’t there ALREADY loans in your FA pkg? Look and see. there should be 5500 in loans at least already. </p>

<p>Unless you were awarded work study in your FA pkg, you wont get that.</p>

<p>You need to ask your parents how much they’ll pay and how much they’ll borrow (and THEY pay back…not you)</p>

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<p>Berkeley is 70% in state, 10% international, and 20% OOS, so there aren’t many US students paying those high OOS fees to begin with. Most of them are probably simply well off enough to pay, and quite a few of the rest are probably going deeply into debt.</p>

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<p>Colleges are like cars. Some of us are fortunate to be able to pay for a Lexus. The rest of us purchase more affordable ones. The out of state students at public schools are the ones who can afford to; the rest of us go elsewhere.</p>

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<p>Glad you have an in-state option and hopefully you’ll be able to use your Hope scholarship program. It’s a great in-state advantage you have there.</p>

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<p>@BobWallace‌ </p>

<p>where are you getting your Cal numbers from? Collegeboard reports that only 14% are a combo of OOS/int’l …of which 9% are non-resident aliens. </p>

<p>If those numbers are true, then your point is even more true. Few are paying most/all OOS costs. I’d guess that the int’ls are very affluent since their families are paying $220k to attend. as for the domestic OOS students, many/most/all are also likely affluent. I doubt any have family incomes as modest as the OP’s unless they have another source of money (grandparents, NCP, etc) or they’re OOS athletes on scholarships.</p>

<p>As far as the OP’s comment about attending one of these “fantastic schools”… uh…those are two very good schools, but they are big impersonal state schools. Dont be mesmerized by their rankings and think the education that you’d get would be much better than at GT or UGa.</p>

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<p>elitepw: these universities simply aren’t affordable OOS for families who make less than 150k. The OOS students who attend are likely upper middle class or affluent. The UC’s suffered budget cuts and admit OOS students solely to get their extra tuition money…
Therefore, your best options are in GA or whichever other schools admitted you with sufficient financial aid.
Going over the federal loan amount (27k for 4 years) really is not advisable. </p>

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<p>@mom2collegekids‌ - You are probably right, I think I looked at admission rather than enrollment spilt. That would say that the yield on OOS is 4 times worse than in state, which would make sense given the high cost.</p>

<p>As you say, this makes it clear that very few students are actually paying the high OOS price.</p>

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<p>This is one of the common mistake that people made. One should really check the NPC before applying.</p>

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<p>For most OOS’ers that is true (unfortunately for you). But from an instate taxpayer’s standpoint, the only reason to accept OOS’ers is that they are (mostly) full pay. To my knowledge, the only top public that meets full need for OOS’ers is UVA, and they have been considering dropping that aspect of their fin aid policy.</p>

<p>Moreoever, doesn’t GA have the Bright Futures scholarship program for insate residents? If so, its a no-brainer.</p>

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<p>Bright Futures is Florida - in Georgia it’s HOPE Scholarship (80-90% tuition) and Zell Miller Scholarship (full tuition).</p>

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<p>

This is the kind of situation on CC that I just don’t understand. You have great schools in GA and the Hope Scholarship but want to go to school in CA but expect them to charge you what you want to pay?</p>

<p>So if you walked into a BMW dealer would you be complaining that they expected you to pay more than you could afford? Would you go to a five star restaurant and then be shocked that the bill was way higher than it would have been at McDonalds’s? Would you expect someone selling a mansion to let you have it for what your reasonable priced house costs? Because you don’t have the money?</p>

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<p>Outside of Emory, I don’t think other schools in GA is comparable to UCLA or UCB…</p>

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<p>At the end, it does not matter how much better is a school if it is not affordable.</p>

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<p>@BobWallace - I believe Hope is about 65% depending on school and Zell Miller is about 80% of tuition. Zell Miller does not cover full tuition.</p>

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<p>Zell Miller is full tuition. You can look it up - for example, this year the Zell Miller scholarship paid $4,129 per semester at GT and the undergrad tuition was $4,129 per semester at GT.</p>

<p>See: <a href=“http://www.bursar.gatech.edu/tuiandfee.php”>http://www.bursar.gatech.edu/tuiandfee.php&lt;/a&gt;&lt;/p&gt;

<p>And: <a href=“http://www.gsfc.org/main/publishing/pdf/2012/Zell_Miller_Award_Amounts.pdf”>http://www.gsfc.org/main/publishing/pdf/2012/Zell_Miller_Award_Amounts.pdf&lt;/a&gt;&lt;/p&gt;

<p>HOPE is partial tuition, but as an example this year it was $3277/semester at GT, or about 80% tuition.</p>

<p>See: <a href=“http://www.gsfc.org/main/publishing/pdf/2012/hope_award_amounts.pdf”>http://www.gsfc.org/main/publishing/pdf/2012/hope_award_amounts.pdf&lt;/a&gt;&lt;/p&gt;