Hope this video showed you that ~hopefully~ high tuition prices won't be a hindrance to you going to your dream schools! Let me know if you have any questions or video requests 💛
Priya Good morning from Texas. Could we contact via email for personal inquiries with our son. Who is a Data Science/ Statistical Science double major; hence, looking to pay for last two years at his private school in Dallas. We are looking for the best options to pay for his school… you have great ideas. How could we contact you?
THANK YOUUUUUUUUUUUUU. I spent 2 hours stressing, crying about how I’m going to pay for my university (my fall semester is 12k!) and my family makes over 100k but this cost scared them.i just emailed my councilor about my financial aid abt what private loans I can apply to since I’m going to a private school. This video was a relief, thank you
I am trying to finish my CSS profile this weekend to submit to my colleges.. even after months of research I still feel confused about some things haha. I really loved this video!
Great vídeo and thank you so much . My son will be going to college next year fall 2024 . I have an expectional situation where he is a US citizen and I am an Indian parent . We can only afford need based colleges and cant pay much . Income is almost nothing. After listening to you I have a ray of hope .
Thank you so much for informing us about the financial opportunities to go to school. That was my concern! I truly don’t want to talk out any loans. The school has a scholarship but one of the qualifications is 12 credits, right out the gate. That’s too much for me, I work full time. How do you find some of these scholarships online? Many website are not legitimate
Hi, this is our nightmare now. My son has high numbers on everything, we kept hearing he can get a lot of help, and so far, nothing is going on. Deadline approaches quickly, thanks for this.
Aw yeah, financial aid letters usually come out with admissions results or within 1-2 months after. Institutional aid is usually much larger on average, so if your son applied to private universities and requested aid, it should be good. :) Good luck!
This video was so helpful and easy to understand. Let's say the cost of tuition is 30,000 and you get 25,000 total in financial aid. Assuming you accept all the money, can you choose where the money goes first? I'm asking because my school has a thing where if you make below a certain amount they will pay for tuition and fees after all financial aid is exhausted, but this does not cover room and board. Can I put all the money into room and board and have the school cover any remaining tuition and fees, so that i don't have to pay anything?
Glad the video helped! So it depends on where you got the financial aid from. Is it a FAFSA loan? If so, I believe you can choose the way your money is allocated! It might depend though because FAFSA directly credits your school account - you might want to reach out if it's FAFSA. Otherwise, if it's a University grant, they usually allocate it for you so they'll tell you where their grant money is going to go and they just do it for you! :)
Glad it could help! :) If you're referencing asking about financial aid or negotiation - I'd recommend just sending a quick email to the office! It doesn't have to be a super long email at first, you would just express gratitude and ask if there was a process regarding appeals because a lot changed in your family circumstances. Here is a great resource that may help - www.collegecovered.com/paying-for-college/6-effective-things-to-say-when-negotiating-for-more-financial-aid/ Good luck!
I generally don’t want to go to school in state, or in California at the huge and overcrowded UC’s. So I’ve been looking into Private out of state universities that meet 100% of a students demonstrated financial need. However there’s one big caveat, I’m going to attend a community college for my first two years so I’ll be a transfer student. Some colleges like Boston University meet 100% of financial need for students, but only for freshman undergraduates. Would there be a big difference in the amount of financial aid offered by a private institution since I’m a transfer, and if so how would I find that out?
I can't speak for schools in your state but in my case, I am planning to attend Texas Tech because out of all the 10 schools I was interested in, they were the only ones offering to pay for my tuition as a transfer student.
Your channel is incredibly helpful! I'm trying to apply to UChicago this year. If I apply as an international student for financial aid, is there more possibility to get rejected?
So glad you find the channel helpful! No, all of these universities are need-blind so DEFINITELY apply for aid. I applied (from India so I'm international) and got 70% of my full year's tuition covered. Aid won't be the reason you get rejected from schools because being need-blind inherently means they don't know if/how much aid you'd require until you get in! :)
I'm going to be a grad student next year, and I'm attending a private university. I already have some student loans, but undergrad school gave me a ton of scholarships. However, my new university gave me a small department scholarship and said they have no other scholarship options or grants available tho it is a private institution. I'm really frustrated!
Thank you so much for all your videos. It has all been very very helpful. As divorced parents, my son lives with me and I claim him as a dependent. When filling out the FAFSA, do I add the combined salary with my ex husband? He refuses to disclose it. However, he does pay child support. Do I also add that to my income? Thanks so much. I can't thank you enough for the information you have given me. I aprreciate you!
we live in central California and my daughter has started some college classes since she was in high school and she’s been a full time student for 4 years and she just started nursing program 2 semesters before the pandemic started but now her financial aid is done and used up but with no bachelors degree and in still need of more money for years of schooling left but doesn’t qualify anymore. I’m confused at what’s going on because she’s not talking to me about it she must of messed up somewhere. does any of this make sense ?
Hi! Hmm.. did she take out federal or private student loans, or is the financial aid a grant? If it's a grant provided by the university or a federal pell grant, it would've been directly applied to her tuition. If it's a loan, I think she'd have more discretion in how she used it - loans are also capped at 57K a year, and you can't borrow more than that for a 4 year period I believe. I'm not too sure what the situation might be, but it depends on what kind of financial aid she had (grant vs loan) and whether the spend of that financial aid was at her discretion or if it was directly applied to tuition!
Hey Priya. I have learned a lot from this video. Thank you I would like to know if there's financial aid for international students and if international students qualify for the Pell Grant.
Can you trll me what all the meet needs schools are. Like the ones that cover everything if your family makes under 50k and if so is Minneapolis state one?
Does it make a big difference if one community college charges 3898 annual fee, and another 5,998 does that mean if I choose the lower cost one, can the remaining aid go directly to me
Yup, FAFSA is federal aid for citizens BUT international students still qualify for institutional financial aid so that depends on the colleges you're applying to :)
Would this be the same for graduate school? I got accepted into a public health program and was offered $10k for a scholarship, which I have to reply in one week! But I’m still waiting to hear from two other schools! I really like GWU because they have the concentration that I’m interested in… just don’t know if should wait or accept it? I do have $60k loans for my undergrad.
Due dates for submitting FAFSA and required documentation is college specific, so you'd want to check the financial aid websites for the colleges you got into! You usually only have to submit FAFSA once before you start college, and your university will use that and give you a different aid package each year.
@@TheAlmostAstrophysicist our 2019 tax return had little more than $125k income so we didn’t get full tuition off for 2021-2022. What is the formula to calculate institutional grants? what is the probability of getting job opportunities in uchicago campus like working as associate or what are the possibilities for getting paid internships?
Im the new step parent that files taxes separately from the biological father and i will not contribute to the college students education. Do i still have to put down my info?
Does 1 contact hour means 1 credit?I am very confused as I am very new to this country and not aware of the American education rules.Please help me out in this🤧
Hey, I just got rejected by a university. I'm an international student who requires more finacial aid at a private university. The letter said that I was very much qualified but they're need aware for intl students that's why they can't offer me admission and if I can demonstrate that I can pay $81,000/yr then they would consider changing my status. Like idk, I want to go to this school but the most that my family could contribute is around $80,000 for all four years. Should I even bother calling the admissions?
You didn’t get Fafsa and you are giving advice on Fafsa ,and I think you are suggesting the tricks which didn’t work for you .I am glade you got a huge scholarship we don’t know how but it paid your college.😮
Please tell me Chicago is safe or not I am applying for ed or should I go for Columbia university I am international student please tell me which is better for me
I am curious to know, was that $330k or so degree worth it? Could you have landed the job you are currently in with a degree from a more affordable school? I live in South Florida and a year at FAU is still around 7k which is very affordable
I actually had tuition fully covered! UChicago is around 70K a year but we paid about 20K I'd say each year for my living/dorm/food/travel expenses and I'd say it was well worth it because it feels easier to get through the door at tech companies with my degree. I also just genuinely loved the school, made lots of friends, and learned a lot! I'm lucky that my parents paid for my education though, that was a big luxury I was afforded for sure.
Are the university grants given yearly for 4 years during undergrad years? If you are given university grants...is the amount fixed or the amount changes yearly?
Great question! It changes and is reevaluated each year. My aid increased every year in proportion to the day tuition increases year over year (by $1000-$3000). I actually have a video (from a while ago) where I discuss exact numbers of how much college cost - that may help you as well. Good luck! :)
I had health problems last year I made 35K and I was scared that I need to pay hopefully that’s not the case I just finish my faftsa hopefully I get the help I need
Great question! There are two different types of overarching loans: federal and private. Federal loans can happen through submitting FAFSA, and private loans are something you'd seek out yourself through top private college loan avenues like banks, Sally Mae, College Ave, and shop around based on which has the lowest interest rate! (P.S. I'm working on a comprehensive student loans video that may help, should come out over the next few weeks!)
Hey! I submitted FAFSA almost 6-7 years ago now haha so I don't remember my EFC but I actually didn't quality for any federal aid at all. I think I paid around 15K-20K a year at UChicago and the rest was covered through institutional grants. If your family's making under 125K, UChicago covers full tuition in grant form so it's essentially free. And they probably have levels above that up to a certain amount where they deem that you require a portion of everything covered. Hope this helps!
I had health problems last year I made 35K and I was scared that I need to pay hopefully that’s not the case I just finish my faftsa hopefully I get the help
