<p>What might a typical financial aid package look like from a public university with tuition and fees around 39K a year? with an EFC of 25 K. Basically loans of various sorts correct? for both parents and student?</p>
<p>Thanks.</p>
<p>Nothing is really typical. It’s often all or nothing. If the student is a hot shot catch for the university, then the package can meet EFC. They can waive the OOS premium. Some schools have some OOS awards that are not too difficult to get.</p>
<p>But typically, it comes down to the Stafford loans with some subsidy for the student and PLUS for the parents which is available to most all students without subsidy if there is no need.</p>
<p>If the cost is $39K and your family contribution is $25K…that leaves a balance of $14K. You will get a $5500 Stafford loan bringing the balance to $8500. </p>
<p>As noted, if you are an excellent student, SOME (not all…some) public universities do have scholarships (merit) for OOS students. However in the majority of cases, OOS schools do not meet the need of accepted students (UVA and UNCCH do) and they do not meet the EXTRA need that is due to the cost of the tuition for OOS students (which is higher than for instate).</p>
<p>What school are you considering OOS? Someone might have some experience or knowledge of their need based awards for OOS students.</p>
<p>Thumper is correct. You’ll get the federal direct loans of $5500 and depending on the GPA/test scores there may or may not be some merit aid. Your parents will be able to apply for PLUS loans but may not want to. Also check and see if your state has any reciprocity agreements with the out of state college. In the west it is called WUE in other parts of the country the programs have different names. Sometimes these reciprocity agreements can lower the amount charged to out of state students for tuition.</p>
<p>What school is this?</p>
<p>What are your stats? test scores? GPA?</p>
<p>Typically, OOS publics don’t give need based aid to OOS students (exceptions are UVA and UNC-CH and I think they also require CSS Profile so they may determine your family contribution to be higher than your FAFSA EFC).</p>
<p>As Thumper said, some OOS publics give merit scholarships to students who have high stats (including HIGH SAT/ACT scores) to OOS students. However, some OOS publics don’t…or they don’t give much… </p>
<p>As for your FAFSA EFC of $25k…how much will your parents pay each year? Have they said that they will pay the $25k? more? less? </p>
<p>Are you a senior or junior in high school?</p>
<p>Does the $39k include room and board?</p>
<p>I just read some of your other posts…</p>
<p>Are you the student or parent?</p>
<p>Is the student in high school or in college somewhere and thinking of transferring?</p>
<p>Thanks for the replies. My son is still enrolled at GTech and is going abroad for a year this fall. He is on loans and we are helping. I was just wondering if this was typical for public schools and OOS and if the type of monies made available changes as they go through school. So, I just was looking for general answers. They were interesting. Thank you.</p>
<p>My college son applied to GT a few years ago. Accepted but didn’t get a dime in aid. This year, I have one who will be going to Pitt. No aid either. OOS for both schools.</p>
<p>My son was accepted to UColorado last year, with a “good” OOS scholarship. The only other thing offered was Stafford loans=$5500. The gap was quite large! We knew this in advance … just hoped he might get some other merit (there is a scholarship specific to our state). No such luck. He did not end up there, as we did not feel it was worth the extra money compared to his other options.</p>