The results

<p>I ended up applying to Stanford, Brown, and three state colleges. A few weeks ago, I finally received all of the admissions letters. Both Stanford and Brown denied admission, but all three state colleges accepted me.</p>

<p>Unfortunately, it turns out that only -one- college in my entire state distributes actual 'grant' money from their own coffers, and it's a high ranking $40k/year private college -- one that I decided not to apply to since it offered little in the majors I am interested in. Websites, such as a petersons, which showed that all of the colleges on my list met 83%-95% of need and provided an average "need-based grant aid" of $6000 were apparently misleading. As a result, my parents and I (though mostly me), will be paying $12,000 a year for me to attend college, even though I had a very large amount of financial need. That $12k in loans was the most generous offer I received. The worst of the three colleges left me with roughly $17,000 a year in loans, $12,000 of which was unsubsidized, forcing me to pay 8.5% interest a year. From this college, i've calculated that i'd owe about $80,000 when I received my bachelors, assuming that I paid it all off immediately when I graduate, since otherwise the interest would keep building up. This is a standard college that admits anyone who applies with an ACT score of 23+.</p>

<p>I only took 6 high school credits, with the rest home schooling, but I had a 4.0 GPA on them. I scored a 34 on the ACT. I'd often heard that with good grades and studying hard, a person might be lucky enough to receive a full ride through college. So much for that notion, though. I don't really know what else I could have done to qualify for a free ride, but i've ended up far, far from it. I'm pretty disappointed about how all of this has turned out.</p>

<p>Admissions can be such a crapshoot. I'm sorry you're in this financial position. I hope it doesn't weigh you down too much. I'm also pretty stressy about admissions since I've had a particularly odd education, even for a homeschooler. I have no idea how they calculate financial aid offers at colleges, but I'm hoping/praying it will work out for me... I'm applying in the fall.</p>

<p>Have you thought about taking a gap year and reappyling to colleges that will give you substantial aid next year?</p>

<p>I agree with waterfall--if money is a big issue, you should be able to get much more substantial aid somewhere with your 34 ACT score. You might have to look at "lower tier" colleges, but rather than taking on $50,000 or so in debt over four years it could be worth it. Could summer jobs and working during the school year lessen the amount you need to borrow? You can probably make at least $5000/year. Unless you love the your college choice right now, you might want to do some more research and reapply.</p>

<p>Congratulations on your acceptances. Disappointing as it is, being rejected from Stanford and Brown is the likeliest outcome. They reject almost everyone who applies. </p>

<p>Regarding paying for college, atomom has good advice. Perhaps a school with lower tuition, combined with work, would solve the problem.</p>

<p>Best of luck.</p>

<p>congrats on your acceptances! i wish you the best of luck regarding finding money to go to the one you want to...have you considered looking for outside scholarships?</p>

<p>in regards to other homeschoolers who are applying to colleges...financial aid for all the ivies is need based so dont assume that merit will pay for college at an ivy you have to show significant need...</p>