Texas Tech Honors College or University of Texas at Austin?

[austinmshauri]

After I completed my FAFSA, I received an EFC of a whopping 5140 and an asterisk next to it, which upon further research I found out that I am to go through the verification process…lucky me. With that EFC, for the particular college I want to attend, I get no need based aid whatsoever. I found out that although my parents had a low enough income for some need based aid, they had deferred some of their income toward their retirement because they are in their late 50s with no money invested in their retirement yet.

@MYOS1634 asks important questions. You said in another thread that you won’t receive Pell, the schools didn’t award you any aid, and you don’t think your parents can contribute either. You can only borrow $5500 in federal student loans as a freshman. Unless your parents can contribute or one of these schools is within commuting distance, I don’t think they’ll be affordable.