<p>was going to refinance the house and/or use the line of credit to pay the 20,000 a year since we have the equity in the house.</p>
<p>I guess I find it risky that a family with an EFC of 0 would even consider borrowing $80k. The payments might get scary if income stays lowish.</p>
<p>With an ACT score of 33, and a 4.2 WGPA and top 6% class ranking he stands a good chance of landing a full tuition scholarship which would leave you with a balance of about $10,000 per year for room/board/fees/incidentals.</p>
<p>Very true…and certainly this student should apply to a few schools that would give full tuition scholarships for stats.</p>
<p>Is his major going to be comp sci? If he does pre-pharm, what will his major be?</p>
<p>*The University of Richmond said that their FA package will only contain 5,000 a year in loans that rest would be grants etc… *</p>
<p>Do they use CSS Profile? </p>
<p>Do they consider home equity? If so, how much?</p>
<p>I may have missed this…does the student want a school with Div I big sports to watch?</p>