Need based aid question

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
emmac
Posts: 26
Joined: Tue Mar 15, 2011 12:00 am

Need based aid question

Postby emmac » Sat Mar 19, 2011 12:05 pm

I received a need based grant of $13,000. I disclosed that I have $10k in savings but no outside help on my fafsa. I am considering living with my parents to cut down on loans, but I wonder if it will raise a red flag in my need based aid if I do. I would only take out the max in stafford loans and not the 20k they gave me in gradplus. Would they investigate why I don't need as much money as they offered me if it's that substantial?

r6_philly
Posts: 10707
Joined: Sat Dec 19, 2009 4:32 pm

Re: Need based aid question

Postby r6_philly » Sat Mar 19, 2011 5:03 pm

Call the school and ask "do you care if I move in with my parents to cut down cost?"




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