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College and University Discussion
Reply to "75k college fund can afford what in VA or outside"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I anticipate having saved approximately $75,000 per child in college funds by the time they graduate from high school in three years from now. In practical terms, if they choose to pursue a STEM field such as engineering or science, which colleges should I consider as a Virginia resident, taking into account affordability, both in-state and out-of-state options?[/quote] OP here. Is Virginia Tech out of possibility? Do they provide financial aid?[/quote] Very little. I helped a low-income, first gen student with his application there and his only aid was Pell grant + a similar VA state grant for low income. Still left with $20k to pay.[/quote] But your 529 savings, plus the standard federal loans (not an unreasonable amount for kids to take), plus kid's summer earnings and a bit more from parents current cash flow can make VT work. [/quote]
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