<p>What is means is that you most likely will get no aid for an OOS public school, other than federal loans. You may get grant aid at a private school. Your child can certainly look at schools where he/she might get merit aid (LA Tech, UAlabama, and others have guaranteed merit scholarships). You wouldn’t have to pay as much as your EFC at an in-state school, since it would cost less than the EFC.</p>
<p>It’s a bit shocking to find out what you are supposed to be able to pay, but the expectation is that the money will come from savings, current income, and loans. There is not a lot of money to spread around to a whole lot of students … and with an EFC like yours (mine, too), you are in the top % of households in the U.S. in terms of earnings. We don’t always feel well off, but in the grand scheme of things, we are better off than most.</p>
<p>If they just told you to say how much you thought you could pay, wouldn’t pretty much everyone say “not much” and then who would be paying for your kid’s education? Oh, yeah, me.</p>
<p>Sorry, we’ve got our own kids to pay for. Not sure why you think we should pay for yours too.</p>
<p>WOW, love these responses by SENIOR MEMBERS, a bit judgmental are we?</p>
<p>No, I don’t think YOU should pay for my daughters education, excuse me if you misunderstood me.</p>
<p>My post comes from 4 hours of frustration in completing FAFSA, website malfunctioning since yesterday. I apologize!</p>
<p>Obviously yes, “not much” may be the correct answer if asked how much we could pay.
Maybe I come from a different perspective of education and the RIGHT to an education regardless of ability to pay. Just my opinion, not the reality I understand. </p>
<p>I’m coming from a place of a husband in the healthcare industry that is a giver, not a taker, and chose higher education, numerous degrees, simply to provide for our family. 6 degrees to make under $90,000 and $250,000, not incl. interest, in school loans so EXCUSE me if I do understand the burden of loans… and do not want that for my daughter. </p>
<p>Do you work for the Dept. of Education? Just wondering!</p>
<p>I could go on but it’s clear this thread is not a rant, so my RANT will end here, as will by subscription to this website.
If I want to be responded to in a snooty manner, I will just head across the main road to the $650,000+ homes and get that.</p>
<p>A simple response would have sufficed “senior member” Sylvan 8798.</p>
<p>If you are unable to afford your EFC (many families cannot), an affordable option would be 2 years of community college followed by 2 years at your public in-state option.</p>
<p>As stated by other senior members, no, the debt you and your husband chose to accumulate does not reduce your EFC. Hopefully that was stated simply enough.</p>
<p>*Can’t be an independent unless parents don’t claim you and your childs employment covers expenses. RIDICULOUS!</p>
<p>Kids are better off financially from divorced parents.*</p>
<p>No…not claiming on taxes does NOT make a student independent. A student must be 24, married, or a vet to be independent. Claiming on taxes is irrelevant.</p>
<p>Students with divorced parents who want to attend the schools that give the best aid have to include both parents’ incomes and use CSS Profile.</p>
<p>*Can’t be an independent unless parents don’t claim you and your childs employment covers expenses. RIDICULOUS!</p>
<p>Kids are better off financially from divorced parents.*</p>
<p>No…not claiming on taxes does NOT make a student independent. A student must be 24, married, or a vet to be independent. Claiming on taxes is irrelevant.</p>
<p>Students with divorced parents who want to attend the schools that give the best aid have to include both parents’ incomes and use CSS Profile.</p>
<p>Frankly, it was a choice to run up that much in student debt for a career that “only” earns $90k per year. that amount of debt should be for doctors, not folks earning less than high 6 figures. </p>
<p>I don’t mean to be harsh, but think about it. If parents run up that kind of SL debt for less-than-six-figure incomes, then no parents can help pay for their kids college costs…and then the whole system would fail.</p>
<p>ok… only because I have spent 20 min. of my life trying to unsubscribe from this site, sending email to administrator, I will tell you what health career requires 6 degrees.</p>
<p>Chiropractor- undergrad, Chiropractic school with addt’l bachelors in human biology =3</p>
<p>Registered Nurse- Assoc. degree= 1</p>
<p>Nurse Practitioner- Bachelors of Science-req. to enter program, Nurse Practitioner= 2</p>
<p>Private Chiropractic College?? VERY expensive.</p>
<p>I’m guessing none of the persons responding have ANY idea the insurance industry and Chiropractic? Well… my husband has a work ethic and refused to bring his patients back 3+ times per week to “make money”. Thus why he went back to school, worked for 6 years as a nurse, during which, the past 4 years while going to school FT, doing clinical, and we’re raising 2 kids, and before anyone asks what I do??? Suffice it to say, a lot. Not going to give further info, personal.</p>
<p>Would someone please tell me how to unsubscribe? I’m just an idiot trying to find my way around this site. Appreciate it!</p>
<p>There is no process to unsubscribe. You simply log out and do not log back in. To end email notifications go to “My Control Panel” (top left of the cc menu bar) and choose “edit options.” Go down the list and choose options that do not allow contact from other members, administrators or email notifications.</p>
<p>Sorry, let me also clarify that my husband works at the County Hospital vs a plastic surgeons office where he could make $200,000 per year, and HATE his job.</p>
<p>So he chooses to love his job and believe it or not, held out for $20,000 more than his RN position, same hospital, before accepting his current NP job, and they say… he’s the highest paid NP or PA in the institution. Hmm… pretty pathetic for an NP. Take taxes out, $1000 more per month… sounds like a lot I know, but $1000 of school loans, even!</p>
<p>Hmmm How do you figure? I just listed the number after completing the FAFSA.</p>
<p>(EFC) = 036651----What else does that mean?</p>
<p>$88,000 to be exact, and the EFC was based on LAST years taxes. He’s only been employed as an NP since August, so even after I re-enter info on FAFSA after we file taxes for 2013 it will actually INCREASE.
2012 AGI income was only $68,000, so as you see, the EFC still came out as I posted. Household of 4.</p>
<p>Seriously, we can help you. I realize that the initial posts weren’t what you wanted to hear, but first comes the reality check, then comes solutions. </p>
<p>I still think your EFC is wrong. It should be about $20k…which is still a lot, I know. I’m guessing it’s a lot more than you can pay. However, maybe you have assets? If so, that’s where the add’l EFC is coming from.</p>
<p>Now, if you can answer the above questions, we can help you. Seriously.</p>