What kind of financial aid package can I expect from Fordham?

<p>I'm a sophomore in college. A 19 year old male Hispanic from a low-income family. I was waitlisted and rejected by Fordham for the Fall 2008 semester and am reapplying as a transfer for student for Fall 2010. My cumulative college GPA is 3.7, my HS SATs were 1900 and my FAFSA EFC is always 0.</p>

<p>I'm willing to commit to an hour long commute from my house in NJ to attend Fordham if thats the only way it can be affordable. </p>

<p>If I intend to live on campus what kind of FA package do you think someone in my situation can expect to receive (provided I file my FAFSA and CSS before February 1st)?</p>

<p>If I intend to commute what kind of FA package will I probably receive?</p>

<p>Talking about Rose Hill of course</p>

<p>I dont know how being an Hispanic American with a 1900 SAT you got waitlisted and rejected the first time around. But I take you at your word, for the purposes of this thread.</p>

<p>Being Hispanic will be a huge help, having a 3.7 college (community? or four year?) will be a big help. While schools look at your FAFSA to determine “need”, they also have discretionary latitude for kids they want to recruit. </p>

<p>Most, if not all, scholarship funds are for incoming Freshmen at Fordham. So you are out on that count. But by submitting the FAFSA and seeking aid, they may give you in grant money what you would have “earned” in scholarship funds. Plus, you will be asked to put skin in the game, through student loans. </p>

<p>You have to ask yourself if its worth the price of admission? We live in a very rapidly changing world and the only rule today is that yesterday’s rules don’t apply anymore. So the need for a four year liberal arts degree may not be the same as it was years ago, and other skills may be needed to secure a job and keep it. Not saying don’t do it, but only saying think about it.</p>

<p>Spending six figures on a broad based liberal arts education made sense years ago, if you secured a high paying job in Manhattan. Now many jobs are gone and not coming back. The new paradigm may require a different set of skills.</p>

<p>Good luck.</p>