Transfer FA Help

Paying for College
1

<p>I am a college sophomore at a California CC. I was accepted to an OOS university for the Fall 2012-13 semester. I plan on going there, however, I'm really unsure how I'm going to pay for it. My parents plan on paying as much as they can, however, I'm not exactly sure they can pay for the 36k for 2 years, and pay for my younger brother who is also in college and will probably transfer to a UC in two years, all while having no income. </p>

<p>My parents are both retired, but last year when they filed the FAFSA we got our EFC calculated at 27k. Of course this means we were unable to qualify for anything but student loans (which would have been silly because my younger brother and I probably only are paying 3k a year for community college). Now that I'm actually going to a university, I don't really have an answer as to what to do in regards to financial aid.</p>

<p>In short I just have these questions. They may be silly but I'm really clueless as to how it works:
1. Should I expect my EFC to go any higher or lower, considering that we still don't have an income?
2. Does anyone think that I qualify for any grants as a transfer student? (I doubt it)
3. Should I even bother going to a university that I don't know if I can afford for 2 years, taking grad school into account?
4. How do I convince my parents to put their 2010 tax info on the FAFSA? They don't think its a government entity, and they won't give me 2011 tax info for a long time, probably.</p>

<p>Thank you. :)</p>

2

<p>It sounds like you probably can’t afford that OOS school. Your parents clearly have significant assets that are driving your FAFSA EFC. And most schools don’t meet need, so chances are they’d have to pay the full cost minus a student loan, should you want to take one, of $7500. A CSU at under $20K may be your best bet.</p>

3

<p>The answer to #3 is no, which makes the answers to the other questions irrelevant.</p>

<p>With an EFC of $27,000 you will only be eligible for Stafford loans based on your year in school. If you are a junior, that is $7500 per year. OOS schools do not give in state students with that high an EFC aid other than loans, and they won’t give you aid other than loans. You will not be eligible for grants. Only UVA and UNC meet need for OOS students … and even then, you would have to come up with the $27,000 EFC.</p>

<p>Do yourself a favor. Stick with an in state school that is more affordable. Retired parents should not take on a bunch of debt, and neither should you … you have affordale alternatives, so please use them.</p>

4

<p>I figured. Its a kind of depressing, considering that I’d have to spend yet another year in community college when I already have 60 units. I’m missing only one required class and I can’t go over 70 units at a CSU and I need 12 units to keep my health insurance. Do you think postponing my admission at the OOS to spend a year working full-time would make a difference in my financial aid?</p>

5

<p>I need 12 units to keep my health insurance</p>

<p>Are you on your parents’ health insurance? If so, you do not have to be a full time student to be on their health insurance … you do not have to be a student at all: [Frequently</a> Asked Questions regarding Young Adults and the Affordable Care Act](<a href=“http://www.dol.gov/ebsa/faqs/faq-dependentcoverage.html]Frequently”>http://www.dol.gov/ebsa/faqs/faq-dependentcoverage.html)</p>

6

<p>And working for a year may actually decrease your potential FA since your savings would count toward your available funding.</p>

7

<p>I’m on my parent’s health insurance. I didn’t realize that, thank you! I guess the money I am making/will make in the future would theoretically go to the college if I keep working so it makes sense. Nevertheless, its disappointing that I’d be in debt no matter what decision I make. I’m really questioning whether its worth going to college at all at this point. But thats between me and myself. :slight_smile: thank you.</p>

8

<p>* I’m missing only one required class *</p>

<p>If you just have one class to take, take it over the summer.</p>

<p>Your parents have income even if they’re retired. They have income from their assets and maybe SS or retirement income. You’re living on something. And since your EFC is high, then that means that they have a LOT of assets.</p>

<p>You need to ask your parents EXACTLY how much they spend on YOUR education. From that info, make your plans. It sounds like you didn’t apply to any CSUs or UCs last month.</p>

<p>What is your major?</p>

<p>You might look at some Arizona publics…like NAU, UA, or AzSt…or New Mexico publics…they often will cut rates to OOS students with good grades.</p>

9

<p>I’m a Pre Speech Language Pathology major (which means I’m a “health and hearing sciences major” or a “speech sciences major” or a “communications disorders” major, depending on the school). I applied to CSUN, Sonoma State (under Anthro), Humboldt (under Anthro), CSUSF (which got cancelled because I knew I wasn’t going to get in due to the missing class), and a school in Oregon (which is the one I got into and want to go to). I would have been fine to take that class over the summer, but its Statistics so I actually can’t take it over the summer. I expect a million rejections come March from all the CSUs.
I know my parents have assets, savings, and SS income. My EFC is high probably due to that. I have tried to talk to them about college education but they don’t have a clue how it works and plan on spending money to see a financial aid counselor…I don’t know if thats such a good idea. They said they’re willing to pay for the loans, but I’m not so sure if its worth getting into a serious amount of debt (like 20 grand, I’m predicting).</p>

<p>I’d be fine just going ~anywhere~ but the nature of my major makes it difficult because not every school has my major, and the prerequisites differ in every university.</p>

10

<p>Are your parents English speaking and computer able? If yes, they would get everything here for free they would get from an FA advisor. Frankly, the people here are better than any aid counselor I’ve ever met- and I’ve met many.</p>

<p>I’m not sure where you’re getting $20K in debt. No matter if you go to Oregon or a CSU, you can borrow $7500 as a junior and $9500 as a senior in Federal, unsubsidized loans. Then your parents would pay the rest.</p>

11

<p>Univ of New Mexico has a good SLP program-- know several grads.</p>

<p>[Speech</a> and Hearing Sciences | The University of New Mexico](<a href=“http://shs.unm.edu/]Speech”>http://shs.unm.edu/)</p>

<p>UNM also offers a scholarship for OOS transfers (Amigo Scholarship–scroll towards the bottom of the page) Applications are open until Feb 1—so you still have time to apply. (UNM transfer admission deadline is March 1)</p>

<p>[Transfer</a> Scholarships :: | The University of New Mexico](<a href=“http://scholarship.unm.edu/scholarships/transfer-scholarships.html]Transfer”>http://scholarship.unm.edu/scholarships/transfer-scholarships.html)</p>

<p>You need at least 30 college level credits and 3.5 GPA OR 3.25 plus a 26 ACT or 1170 SAT (M +CR)</p>

<p>Amigo will give you the difference between in-state and OOS cost plus $200 towards transportation.</p>

<p>UNM total COA is around $18,400/year (includes room & board, books, fees, tuition, transportation & misc.)</p>

<p><a href=“http://financialaid.unm.edu/cost-of-attendance-2011-2012/11-12/Job%20Aid-1112%20Budgets%20-%20UnderMain.pdf[/url]”>http://financialaid.unm.edu/cost-of-attendance-2011-2012/11-12/Job%20Aid-1112%20Budgets%20-%20UnderMain.pdf&lt;/a&gt;&lt;/p&gt;

<p>You can cut costs by living off campus. Plentiful supply of nearby apartments and rental houses.</p>

<p>~~~~~~~~</p>

<p>New Mexico State does not offer a SLP program; only a pre-professional degree in communicative disorders for those planning on going to grad school in audiology or SLP</p>

<p><a href=“College of Health, Education and Social Transformation”>College of Health, Education and Social Transformation;

<p>NMSU has a limited number of competitive scholarships for OOS transfers. Their criteria are vague, but the the schollie gives you in-state tuition plus $100 for transportation costs.</p>

<p>NMSU in-state COA is ~$11,300/year (tuition, room & board, fees, books, transportation, misc)</p>

<p>~~~~~~~</p>

<p>Both UNM and NMSU also accept CA students under WUE (Western Undergraduate Exchange) where the student pays 150% of the current in-state tuition rate. You only need a 2.5 GPA to be considered for acceptance as WUE transfer.</p>

<p>For more information about WUE:</p>

<p><a href=“http://wiche.edu/wue/students[/url]”>http://wiche.edu/wue/students&lt;/a&gt;&lt;/p&gt;

12

<p>I would have been fine to take that class over the summer, but its Statistics so I actually can’t take it over the summer.</p>

<p>???</p>

<p>There isn’t a CC or CSU or whatever that you can take a Stats class over the summer? It doesn’t have to be at your CC.</p>

<p>Looks like UNM is a good idea.</p>

<p>Don’t go into debt for undergrad…you’re going to need to borrow for grad school…which you’ll need for that profession…right?</p>

13

<p>That’s true. The minimum degree for professional licensure as a SLP is a Master’s.</p>

14

<p>According to the admissions rules set by the CSUs (all of them), I have to be finished with a Math requirement by the spring before I transfer. I won’t be able to have that done, so I’d have to wait a year. Its really confusing.</p>

<p>I plan on getting a Master’s degree, or just working as an SPLA after I graduate. I was thinking of working until I had the money to pay for my Master’s degree on my own, which I realize would take a lot of time. </p>

<p>Tomorrow I’m going to call the financial aid office at the school I got accepted to, just to see what my options are. My main concern is really, transferring and getting out of community college as soon as I can. I appreciate your help so much, thank you. :)</p>

15

<p>Is there any way to take stats in the spring?</p>

16

<p>Unfortunately, no. I failed the prerequisite algebra 2 class at my cc twice, and I have to take it again.</p>