<p>So I wanted to transfer to this college ever since high school, it has been my first choice and still is. I didn't get in the first time due to my subpar grades in high school, so I re-applied as a entering sophomore, and got accepted, but the one thing that's giving me second thoughts of attending this school is the financial aid. I don't come from a rich family, so aid is probably the most important factor in determining whether I should stay where I am or move away.</p>
<p>So after tuition, room and board, and those fees, it totals up to 48,000. The school gave me 27,000 worth of aid, not including work study since that money isn't guaranteed. Which leaves me with a gap of 21000, the school offered me that much worth of parent plus loans, I'm debating on whether or not I should do it....I'm going to be a sophomore and the school has a excellent engineering program which is why I want to attend the school. It has a program where you can get your bachelors and masters in 5 years with paid co op experience as well as a 9x% rate of obtaining a job after you graduate. I will be taking 9000 each year in loans, I plan on applying to a private loan company for 5000 or 6000, so in total, I will be taking out 15000 a year and maybe ask my dad to clear the rest.</p>
<p>So my question to you is, should I go? Why or why not? With the rate of obtaining a job so high, I'm not worrying TOO much of repaying back since engineering starting salary is pretty high. Also, if you're doing PARENT PLUS LOANS, please let me know how much you borrrowed throughout your four or five years in college and how much do you pay each month?</p>
<p>Thanks,</p>
<p>PS: I'm looking at University of the Pacific and USC</p>
<p>Without a co-signer, you can’t borrow more than the Stafford Loan limits each year. They are:
$5,500 Freshman
$6,500 Sophomore
$7,500 Junior
$7,500 Senior</p>
<p>This college has given you an unaffordable financial aid package. Sorry. Don’t do this to yourself, and don’t ask your dad to do it to himself. To see get an idea what it would be like to repay these loans, run the numbers through the calculators at [FinAid</a>! Financial Aid, College Scholarships and Student Loans](<a href=“http://www.finaid.org%5DFinAid”>http://www.finaid.org) Start with these two:
[FinAid</a> | Calculators | Loan Calculator](<a href=“Your Guide for College Financial Aid - Finaid”>Loan Payment Calculator - Finaid)
[FinAid</a> | Calculators | Award Letter Comparison Tool](<a href=“Your Guide for College Financial Aid - Finaid”>Award Letter Requirements - Finaid)</p>
<p>To see what college debt can do to your life, visit [Project</a> on Student Debt: Home](<a href=“http://www.projectonstudentdebt.org%5DProject”>http://www.projectonstudentdebt.org)</p>
<p>If you want to do more internships, talk with the people at your current university, and see what you can set up. They can help you with this.</p>
<p>I am an international transfer student. I applied to a couple of liberal arts colleges in the US and got into bennington. Now bennington is giving me a lot of aid, but I still have to pitch something in. The amount that I have to pitch in is pretty meager compared to what they’re giving me, but from where I come from (Pakistan) it amounts to a lot. In th three years that I would be spending there, it would amount to a lot of money which will take take to pay off. Considering Bennington is a very small, almost obscure college even in the US, would it be worth taking out that much loan? Would it not hinder my Post grad plans?
I’m currently an engineering student at a top notch college in Pakistan. I applied for a switch to the liberal arts because thats what I wanted to do in the first place. What are PG admittance stats after Bennington and what are the employment possibilities?</p>
<p>No, it is too expensive.</p>
<p>Are you in California? Try Cal Poly or the UCs as a junior transfer instead.</p>
<p>Nope, I’m studying outside the US. Bennington is giving me $52000 with a $2500 loan included. I’m supposed to pitch in $ 5500 per year. That’s $8000 per year and $24000 in three years. The UCs dont’ offer any aid at all to international transfer students.</p>
<p>^I think annikosorrensen is replying to the creator of the thread</p>
<p>No, I"m from hawaii actually and knowing it’s a private school, it gives me better aid than if I were to apply to a UC public.</p>