<p>*Im not sure if this changes any view at all. I agree that low income classes have it bad in regards to prior schooling to college. I come from a Middle-Class family were my EFC is a little more than 5000. </p>
<p>However, I’m still expected to pay 26 grand/ year at some colleges, knowing that my family contribution should only be arond 5 grand…this I dont understand one bit…I’m not sure what the system is for financial aid…but if my EFC is 5 grand…i was hoping I would be expecting to pay something at least near that amount for college…
*</p>
<p>I’m so sorry that you were poorly advised. EFC is just a federal number. It’s not a number that all the colleges have joined hands and pledged to respect and provide aid for those with need.</p>
<p>The fed gov’t came up with this formula, but guess what, the fed gov’t doesn’t run these schools. They’re mostly state and private schools. </p>
<p>DePaul and UIUC (your top schools) are under no obligation to do ANYTHING with your EFC except to see if you qualify for Pell (doesn’t look like it), or to see if you qualify for loans and work-study (which you do).</p>
<p>The bottom line is that schools like UIUC and DePaul don’t have a treasure chest of money to give away. They give what they can, but when faced with a lowish EFC kid, they often can’t do much or enough.</p>
<p>I don’t know where else you applied. If you have the stats to get into UIUC, your stats are probably pretty good. I don’t know if you applied anywhere else that gave you larger merit awards or grants. </p>
<p>I really don’t think even DePaul is affordable for you since you likely have full student loans in your FA pkg and you’re thinking of borrowing an additional $14k? Oh my…waay tooo much debt. And, with your family’s EFC, it sounds like they’re lowish income…so not a good idea to ask them to co-sign. </p>
<p>If necessary, you may need to do a gap year (don’t go to a CC or take any college classes) and reapply based on your stats. What are they?</p>
<p>The problem is that Ill state schools are horribly expensive. UIUC can probably justify their price but the others? Oh my!</p>
<p>So, even if you went to a CC for two years, you’d be faced with the same problem for the last two years…no means to pay and maybe no means to borrow that much.</p>
<p>I’d also like to point out that the Blue and Gold scholarship does not give about 15 grand to families who make less than 80 k. The Blue and Gold program is probably around 2-4k… It depends on the funding of the UCs.</p>
<p>you don’t understand the program. Blue and Gold is NOT a scholarship. It doesn’t give ANY money. It’s a promise. It’s a promise that if you earn less than $80k then you’ll get grants to cover UC university wide fees/tuition…some kind of combo of Cal Grants, UC grants, Pell (if qualified), SEOG (if qualified), etc. </p>
<p>Just because the UC grant may be $3k, that doesn’t mean that the pkg didn’t contain enough grants of various types cobbled together to cover fees/tuition.</p>
<p>Now, this is the part that isn’t too clear on the website… If someone has an income of - say - $75k, BUT…the person has large assets (stocks, bonds, rentals, etc) and their EFC is over COA…then I don’t think they get B&G. That makes sense. They’re not going to award if EFC exceeds COA. And, maybe there is an adjustment if EFC approaches COA. That isn’t clear on the site.</p>
<p>BTW…you should call your school and ask if they’ll replace some loans with W-S. Or get an off-campus job and borrow less.</p>