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College and University Discussion
Reply to "Parents have $0 saved for college, won't qualify for financial aid"
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[quote=Anonymous][quote=Anonymous]Definitely apply early to W&M, that should be the goal. Your parents went in state, probably expect you to too. Otherwise, Case and Oberlin are generous with merit aid. Tulane has some full scholarships.[/quote] Gotta step in here on Oberlin. We are about OP’s parents financial profile and sent a pretty high stats kid there. He got generous merit aid. Which brought our cost down to 50k , or a bit more than WM at the time. It made Oberlin possible for us, because a 529 and willingness to pay. OP isnt gong to get the price tag below 50k at Oberlin though. They spread merit money around, rather than doing fewer full rides. Also, applied to Case and similar. A generous number for merit aid. But offset it against what was $75k all in at the time and it wasn’t below WM (which was my kids in state choice, where he was accepted). Wooster OTOH will actually get the cost below in state VA based on merit for high stats. That’s what OP wants to look for. If Op wants WM and has the financial limits, he wants to live at home, save money, keep working and attend community college guaranteed transfer to WM. It sucks not to get the full four year experience. But WM is expensive for a state school. Do something like get an EMT certification, and earn above minimum wage. OP— IDK if your parents don’t have the money or do have it and for some reason won’t help. But, you need to sit down and have a frank discussion about the cost of college and ask what they can do. For example, if they are really stuck on $0 actually contributed, can you pay for community college, and would they give you a low (or no) interest loan tuition for the last 2 years if you save up and pay room and board? When they look at the cost, is it really $0, or can they help with tuition if you do room and board (which you can get down by doing something like being an RA)? [/quote]
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