<p>Hey guys! What does your estimated FA package look like?</p>
<p>My student contribution is $2600 and my self-help is $2500. That's over $5000 and I'm really bummed for a lot of reasons (I was pretty sure I'd be getting a stipend, but I'm not, which means loans for me...). What was your student contribution and self help (especially if you had a 0 EFC)?</p>
<p>my student contribution is $2000 and my self-help is $3500.
my EFC was $6600 i think.
i dont know why my self-help is higher than other people I have asked, since the self-help is made up of an on-campus job mostly. i dont think i will be making $1000 more than anyone else on campus…</p>
<p>don’t you live in CO? You should have your packet very soon. I got my official package from Stanford today, and so have a few other QB students.</p>
<p>That’s right, CO. I just got it today. Student contribution is 2500, self help 2000. I would have liked to go in without a single financial worry, but I’ll live. I’m still happy that they’ll be paying the majority of it.</p>
<p>How likely is it that they’ll lower these numbers, seeing as they’re supposed to be an estimate?</p>
<p>I’m a bit nervous to get my est. FA package. I didn’t submit the CSS profile yet, though, because my mom has yet to work some calculations. I did do a practice FAFSA/CSS with her help, though, and my est. EFC is about $22,000. That choked us up a bit. I hope we made a mistake. I’m pretty worried about my FA package. What were all of your EFCs?</p>
<p>SilverLego and I had an EFC of 0 (well, I’m assuming for SilverLego - we were QB matches).</p>
<p>SilverLego, you have the minimum - $4500. Mine is much higher than the minimum at $5100. Remember, you don’t owe that amount to the registrar. I repeat - YOU DO NOT OWE STANFORD ANY MONEY. That money “negates” the books, transportation, and personal expenses built into the CoA. Had they not required that $4500 figure of you, they would have written you a check. I was hoping that because we were QuestBridge Matches, we’d have the student contribution OR work study portion waived, thus enabling the financial aid office to give us a stipend for books and travel each quarter. However, because my student contribution is so high, I think I will owe the financial aid office a couple hundred dollars - and it sucks. I know that my EFC is bumped up because I made over $6000 this year, but I thought the purpose of QuestBridge was to explain that that’s not my money… that goes to my mom.</p>
<p>I’m hoping that my self-help will be lowered to $4500 when the official packages come in. I think I may call the financial aid office or talk to the woman at QB to see if there’s any way we can have one portion of the self-help waived - but I doubt it.</p>
<p>Dunno if any of you will know the answer, but I didn’t send in any FA info with my early app, but can I still send it in by the February deadline for regular admission?</p>
<p>@applicannot:
Thanks I guess I’ll have to apply for more private scholarships, then.</p>
<p>@ezak:
Taken from their website:
“We will continue to provide estimated award letters for those admits who apply by February 1st, 2010. Those who apply after February 1st will be sent a standard award letter on or after April 1st.”</p>
<p>applicannot, I knew 4500 was the minimum but I was also hoping they’d waive part of it for QB students. What I don’t understand, though, is what you mean by not owing Stanford anything. Where do those 4500 go, then? I suppose I should research Financial Aid a bit more.</p>
<p>Tuition $37,380
Room and Board $11,463 Books & Supplies $1,485
Travel varies
Personal $2,385
Orientation $438</p>
<p>Books and supplies, travel, and personal are not billed to the university - they are for you. The two given numbers come to $3870, and transportation could easily bring you up to $4500. Therefore, you don’t OWE Stanford anything. However, you might owe them a few hundred dollars if you live close by and therefore have a low transportation allowance. Similarly, I will owe them some money because my self-help portion is so much higher than everyone else’s. That’s what I don’t understand.</p>
<p>Quote… “I think I will owe the financial aid office a couple hundred dollars - and it sucks.”</p>
<p>What am I missing here? I see a sense of entitlement on this thread that is beyond obscene. There seems to be a feeling among young people that the world owes them everything. </p>
<p>You are living off someone else’s hard work. You are getting a $53.000.00/year education with room and board paid for by other people. And you say it sucks because you may have to pay a couple hundred dollars. The attitude here is disgusting. Beyond disgusting.</p>
<p>@cardfan - it sucks when you were supposedly guaranteed a full ride. It’s not an entitlement thing - it’s a promise thing. I’m living off Stanford’s endowment and my own hard work, not yours. Is disgusting for Bartok to worry/complain that his/her EFC is $22,000? A couple hundred bucks sucks when you can’t afford it - so does $22,000 as per mdktx1, when s/he probably can’t afford that, either.</p>
<p>Applicannot, it’s not entirely true that you’re only benefiting from Stanford’s endowment. It’s also the case that families paying the full sticker price help offset the cost of financial aid awarded to other students. I understand what you are saying about a promise via Questbridge, but I do think you should give some thought to the fact that other people’s tuition payments help make financial aid possible. Those paying $54k/annually value the socioeconomic diversity at Stanford and are generally happy to help maintain it, but it can be difficult to hear students who are getting free tuition, room and board complain about some incidental expenses, although I understand that they may be difficult to come up with for some individuals.</p>
<p>It is just as difficult for me to here students with $200,000 incomes complain about having to pay full freight. $500 = a significant portion of my income, just like $22,000 = a significant portion of someone else’s income. $500 is not “some incidental expenses” for me. That’s over a month and a half’s work.</p>
<p>I hear you. But given that the full-freight crowd is paying a higher sticker price than it otherwise would be asked to pay in order to make attendance possible for other students, it does strike some people as incongruous that you’d gripe about the less than 1% of the sticker price that you might not receive, rather than be very elated about the 99%+ of it you will surely receive, with no strings attached. And those people include some who understand that even with a full ride, or close to it, things have been, and will be, harder in many respects for students on aid than for other students.</p>
<p>I mean, I hear you, zenkoan. But if those students are complaining about 25-40% of their income, I’m sure I have the right to complain about 25% of my own - even if that is only $1000. I mean, does that mean a kid with a $22k EFC can’t complain just because someone else is paying full freight? Those who are told they can afford full freight have other options - they probably can afford state school, but they choose to pay for Stanford. So they have a right to complain about the cost of Stanford and I do, as well. There’s no point in being elated about the 99% of the sticker price I will receive (which I am) to a point that I’m not concerned about the 1% I’m not receiving - and can’t afford. So, I understand what you’re saying and I agree. But I still have a right to complain.</p>
<p>You certainly have the right to complain; I am just gently suggesting that exercising that right in this forum runs the risk of engendering ill will in those upon whom some future students with financial need may depend. What we have in need-blinds admissions amounts to a voluntary wealth-redistribution policy that might not continue if recipients seem disgruntled notwithstanding their receipt of very, very generous awards. I do hope attendance will be feasible for you!</p>
<p>Right. And I think there’s a fine line between complaining about one’s situation (to put it in another view, being supposedly full-pay but not being able to afford it) and complaining about the situation in general (thinking it unfair that a $250,000 income family is expected to pay full freight). Am I complaining that I got almost a full ride, or even that the system requires me to pay some money upfront (aside from the fact I thought I was promised otherwise)? No. But I AM complaining that I feel a little cheated, and that I definitely can’t afford $1000.</p>