Girlie AGDee's College Search Thread

[AGDee]

We know Barnard's package. It is Michigan's package we're unsure about. It is Michigan's that is messed up because she was listed as a non-resident when they did her package. I suspect our expected family contribution will remain about the same though.

[DeltaBetaBaby]

Originally Posted by AGDee

We know Barnard's package. It is Michigan's package we're unsure about. It is Michigan's that is messed up because she was listed as a non-resident when they did her package. I suspect our expected family contribution will remain about the same though.

As someone who has never taken out a student loan, I'm not gonna lie, it's pretty nice to graduate without that debt. If she expects she'll go to grad school and need loans then, just make sure she knows what she'd be getting into.

[AGDee]

Originally Posted by DeltaBetaBaby

As someone who has never taken out a student loan, I'm not gonna lie, it's pretty nice to graduate without that debt. If she expects she'll go to grad school and need loans then, just make sure she knows what she'd be getting into.

Well, they all seem to think I can contribute half my take home pay to her education so there will be at least 60K in loans at any school. She is hoping that will be different for Michigan, but I am not that optimistic.

[Munchkin03]

Originally Posted by AGDee

Well, they all seem to think I can contribute half my take home pay to her education so there will be at least 60K in loans at any school. She is hoping that will be different for Michigan, but I am not that optimistic.

Something to be aware of, but I'm sure the school mentioned this in the fine print: as she gets older and closer to graduation, the expected loan amount will increase each year. It may be $15K a year this year, but it will creep up. Also, the EFC may increase because it's expected that she'll be able to contribute more of her summer earnings.

[DeltaBetaBaby]

Originally Posted by AGDee

Well, they all seem to think I can contribute half my take home pay to her education so there will be at least 60K in loans at any school. She is hoping that will be different for Michigan, but I am not that optimistic.

I don't know if the state schools have a lot of (any?) leeway, but for the private schools, you can always try to negotiate. The worst they can do is say no.