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College and University Discussion
Reply to "DC TAG Example Please"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Read this post: [url]http://www.dcurbanmom.com/jforum/posts/list/371789.page[/url][/quote] OP here. So I guess the answer to my question is that I would pay the In State Tuition rate. Thanks for the link to the thread. I did a search yesterday and didn't see that thread.[/quote] No, you do not pay the in-state rate. You pay the OOS rate, and DC Tag provides 10k towards it. But that program is FIFO as it is a limited source each year. [/quote] Right, but with my example, with the in-state and OOS being less than 10k difference, that means I pay the in-state rate, right?? [/quote] No. Using your example, DC Tag will pay 10k of the 20k, and you pay the remainder. Your remaining balance would be 10k. 20k less 10k equals 10k. [/quote] HUH??? I'm confused. There would be an extra 2k, right? I thought the DC TAG was only to try and make up the difference between the costs. If the difference is only 8k, why would they give me 10k? Oh geez, I must be stupid or something because I don't get it. DD is going to be in trouble with this financial aid stuff. I'm going to need to stay in the college counselors office.[/quote] Think of it as $5K per semester. However, if the OOS tuition is less than that then you would only get the amount needed to cover the tuition amount. The money can be used [b]only for tuition[/b] - not for room and board or expenses. So, if the tuition comes to $8K then you will only get $4K per semester. Go to the DC TAG website and confirm all of this - link is below. It will answer your questions. http://osse.dc.gov/service/dc-tuition-assistance-grant-dc-tag[/quote]
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