splbagel wrote:Harvard14 wrote:selling a car can hurt you
...well, crap. That's how I was planning to finance leaving my job in July and travelling for a month before school.
As a related question, I know it depends on each individual situation, but is there a basic guideline for what "poor enough to be a candidate for a grant" means? I'm pretty much living paycheck-to-paycheck, but my parents have a decent income (a good chunk of which is funding a sibling's college education, and another chunk of which is tied up in their home).
I'm almost ready to take the plunge and decide on Harvard, but the whole "can't apply for financial aid until February" thing combined with tempting offers from other schools is starting to make me anxious.
...I suppose there are worse problems to have!
Do it! Do it! Do it! The Harvard Class of 2015 thread needs more action.
I have no idea what the standard is, but I haven't heard anyone at Harvard complain that their loan/fin aid package was stingy or they were unable to live on it. Other than that, debt is going to be debt. Whether you come out with 150k or 180k isn't going to make a huge difference on your life given the way LIPP works. Either you're going to be making enough money to pay it back in a few years or so little money that you won't be paying much of anything back (again unless you have that pesky SO problem).