With a 0 EFC, will I seem greedy to ask Georgetown to replace the loans with grants?

<p>I really feel for you GTransfer. But in the end, I think it will work out for you if you decide to attend Georgetown. But that’s just my opinion. </p>

<p>However, if all of your property really will be confiscated in the next 4 years, I don’t see how could afford to take that 20k in debt. I would stay at Emory unless you can get that extra money from Gtown. Try to explain this whole situation to them, and try to show them documented proof of it. They’re not just going ot take your word for it. </p>

<p>Flight23, how in the world will you graduate with <5k in debt? If you don’t mind me asking, how much financial aid did you get? I got the maximum package, 50k, but that still leaves 3k a year plus expenses for me to deal with. I’m just curious is all.</p>

<p>^what was your EFC madhunkar92? 3k a year is not as bad as my 6.5 k a year.</p>

<p>The $6500 loan that you would have to take out at Georgetown should be YOUR responsibility after you graduate NOT your parents. Graduating from G-town will minimally put you on EQUAL footing with all the other college grads who have loans to repay.</p>

<p>^Kajon, in case you missed the whole thread, not only the loan is my responsibility after the graduation, but my parent is also my responsibility. In this manner, the loan will not put me on an “EQUAL” footing with all other graduates UNLESS those “all other graduates” have to take care of their parents, repay family loans, and take care of family member’s hospital bills because of chronic hemorrhage in the brain. If they will have to deal with all these at the age of 23 when they are out of school, then I will say that I am on an equal footing with them. Taking care of myself after I get the degree is not a problem and sometimes it is useful to read the post properly before coughing out some unhelpful advice or wisdom of any sort.</p>

<p>oh wait, never mind. i have to pay around 6.5k a year as well. my EFC is a big fat 0. now im really wondering how flight23 is gonna graduate with <5k in loans</p>

<p>@madhakur92, well I’m getting about $52k, which leaves 2k for books and other required fees. My parents said they would give me about $200 a month towards Georgetown fees ($2,400 a year should cover my books and any other required expenses). I’ll also take a summer job to help with my personal expenses, with any luck, I should earn at least $1,000 over the summer. Later on, when my permanent residency comes into effect, I should have work study included in my package (which pulls my aid up to $55k), so to say I’d have less than $5,000 in loans is pretty considerate of me. Unless I change my spending habits, I should graduate with no debt at all.</p>

<p>wait, you got that much money without being a permanent resident too?! haha wow. i thought i was the only one… i wonder why YOU got 52k a year and i get only 50k. but basically, youre just not going to spend alot?</p>

<p>Basically :slight_smile: Obviously, I expect there to be some fluctuations in my spending (study abroad program, I expect girlfriends to be a bit more high maintenance, restaurants are more expensive, etc.), so I might have to take a loan or two from year to year. The most loans I can expect is $10,000, but that would be only if my spending habits REALLY take a turn upwards.</p>

<p>Oh okay. I understand now. Thanks :)</p>