I received my Financial Aid package, and it was all loans. At the current standing, if I go to UT I will have to take out 4,000 dollars in loans and my parents will have to take out 18,000 dollars in loans. I do not want to put that financial burden on my parents as they both have medical issues and cannot afford that. I have another college I have been accepted to, it is not as good as a school but it still a good school. It’ll be about 6k cheaper a year, and I already have a 1500 a year scholarship there with a hope for more to come. I read somewhere that Texas Exes scholarships should be coming out in April or May, but I have to withdraw my things from UT by May 1 in order to get the 700$ we have invested back. Should I cut my losses now and withdraw, or try and hold out a little bit longer and wait through April for Texas Exes?
Hold out til April 30th. If you haven’t already done so, reach out to your FA counselor and ask how to request a recalculation of your FA based on your special circumstances. Good luck.
I have to agree with TXDad56. I would recommend you wait until April 30th because there is still a chance that you’ll receive some financial help through Texas Exes.