Need Based Aid

A forum for those current students who are or may be transferring from one school to another. Post any questions, advice, or other transfer related comments here.
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Should I Transfer??
Posts: 131
Joined: Sat Jan 14, 2012 8:41 pm

Need Based Aid

Postby Should I Transfer?? » Sun Jul 01, 2012 3:34 am

I've heard some talk of transfers being offered need based aid at GTown, B, and HYS. Anyone know if other T14 schools offer need based aid for transfers? And, anyone know when the offers of aid come in? e.g. right at acceptance, a week later, after enrolled, etc. Thanks for any insights...

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jbiresq
Posts: 221
Joined: Wed Sep 08, 2010 1:52 pm

Re: Need Based Aid

Postby jbiresq » Sun Jul 01, 2012 1:49 pm

This is based on some cursory research:

NYU, Columbia - No need aid for transfers

Chicago - No need aid, no scholarships for transfers

Northwestern - Not sure but I think I read once that they don't

Michigan - Only eligible for loans

Penn - Seems like they don't give out need aid

Cornell - No need aid - "Our Financial Aid Office normally does not award institutional scholarship assistance to transfer students. Transfer students are eligible for loan assistance during their attendance at Cornell."

Duke - No need aid

Virginia - No scholarships - "Scholarship funds are not available for transfer students. Transfer students are fully eligible for loan funding"

I think Georgetown took about two weeks to process my need award, which was quite substantial.

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Fujin11
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Re: Need Based Aid

Postby Fujin11 » Mon Jul 02, 2012 2:00 am

Does anyone know why GULC is the only school that gives transfers need aid? (sans the usual suspects of course)

in_reverie
Posts: 91
Joined: Mon Dec 12, 2011 2:44 pm

Re: Need Based Aid

Postby in_reverie » Mon Jul 02, 2012 4:44 pm

Berkeley gives need-based aid too, fwiw.

mileslibertatis
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Re: Need Based Aid

Postby mileslibertatis » Mon Jul 02, 2012 4:53 pm

Anyone know what it takes to actually qualify for need-based aid?

in_reverie
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Joined: Mon Dec 12, 2011 2:44 pm

Re: Need Based Aid

Postby in_reverie » Mon Jul 02, 2012 5:54 pm

mileslibertatis wrote:Anyone know what it takes to actually qualify for need-based aid?

Unless you're over 30 (in which case you won't need to supply their information), you'll need poor parents, mostly. Even if you qualify as "independent" under FAFSA, most schools will still require parental information.

mileslibertatis
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Re: Need Based Aid

Postby mileslibertatis » Mon Jul 02, 2012 5:58 pm

I completed the needs access form, but I listed 0 for all of my parents information. I haven't lived with them for like 8 years and I don't have access to their tax information.

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lnllnl
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Joined: Fri Apr 22, 2011 12:41 am

Re: Need Based Aid

Postby lnllnl » Mon Jul 02, 2012 6:53 pm

mileslibertatis wrote:I completed the needs access form, but I listed 0 for all of my parents information. I haven't lived with them for like 8 years and I don't have access to their tax information.


http://www.top-law-schools.com/archives ... 15&t=57972

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jessuf
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Joined: Tue Mar 22, 2011 8:27 pm

Re: Need Based Aid

Postby jessuf » Mon Jul 02, 2012 7:10 pm

I come from a single parent household. My mother makes pretty decent money, but she hasn't claimed me since 2005. I still put all of her info on Need Access. I left the father section blank and put a comment that my father has been MIA since my birth and did not ever pay child support. It didn't hurt me in getting aid.

lawgrl14
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Joined: Sat Jun 02, 2012 11:41 am

Re: Need Based Aid

Postby lawgrl14 » Mon Jul 02, 2012 7:13 pm

Are you supposed to submit this form along with the application or once you're admitted? Or either?

mileslibertatis
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Re: Need Based Aid

Postby mileslibertatis » Mon Jul 02, 2012 7:13 pm

Eh. I'm married, a homeowner, military veteran. Not yet 30 though. I guess once I figure out which school I will deal with the specifics.

concurrent fork
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Joined: Sun Mar 21, 2010 9:40 am

Re: Need Based Aid

Postby concurrent fork » Mon Jul 02, 2012 7:57 pm

mileslibertatis wrote:Eh. I'm married, a homeowner, military veteran. Not yet 30 though. I guess once I figure out which school I will deal with the specifics.

Some schools (HLS) have a sliding scale. So once you are 26 or 27, they will start reducing the amount of parental income attributable to you by like 25% per year. But I think you still need to report their info to get aid.

lawgrl14
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Joined: Sat Jun 02, 2012 11:41 am

Re: Need Based Aid

Postby lawgrl14 » Tue Jul 03, 2012 1:15 pm

lawgrl14 wrote:Are you supposed to submit this form along with the application or once you're admitted? Or either?


Sorry, but anyone with a quick response on this? I'm just trying to make sure all my ducks are in a row.

mileslibertatis
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Joined: Thu Mar 22, 2012 8:09 pm

Re: Need Based Aid

Postby mileslibertatis » Tue Jul 03, 2012 1:17 pm

For Yale, at least, you have to do the Needs Access form before July 1st. Not sure about other schools. You pay once for the privilege, and can submit to as many schools as are on the list.

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drmguy
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Re: Need Based Aid

Postby drmguy » Tue Jul 03, 2012 4:01 pm

Does anyone know the income cap?




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