Reply to For UMC families.. how much did you end up paying OOP for college?

Forum Index » College and University Discussion

Reply to "For UMC families.. how much did you end up paying OOP for college?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We make 180k. We received financial aid that is roughly half the sticker price, $32k. We pay 16k from 529 and the other half from our salaries. This is a school that dies not offer merit aid, meets full need and is well endowed [/quote]

NP here- did your financial aid package include loans or just need based “scholarship?”  We would really like to try and avoid loans.[/quote]

No loans. We are at a school that doesn't include loans in the package.[/quote]

The offer package often includes loans in their calculation, but you don't have to take them. That is what we did. Only accepted the merit aid (and my child was not a superstar... so don't panic). But you might have to loosen your grip on the USNWR ranking dream. [/quote]

True, but offers that don't include loans are the better bottom line. Since loans are paid after attendance, they are not part of the cost of attendance considerations.  If the school's package includes loans, and you don't take them, the annual out of pocket will be that much higher.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics