New Madrid wrote: hoosier1508 wrote: New Madrid wrote:
pomona wrote:Scholarship recipients (atleast Merit Scholars) are required to participate, and I cannot imagine very many people not wanting to save $40k.
I got a merit scholarship and there's no requirement to RA. Purely optional.
Are you out of state? Mine specifically says years 2 & 3 it is required.
My award letter says RA positions are "available" for some, but not all, second and third year students. I wish mine were guaranteed/required. You and I must have different types or levels of merit scholarships.
I think he meant for full rides. I think all the full rides they offer give the student a RA position automatically simply because it costs them less (the state will subsidize the difference between instate and out of state costs if the student has a RA position, so Iowa gives all their full rides this, I think). I have the Law Opportunity Fellowship and this is what mine says. I would imagine it would be the same for Merit and Need scholarships. For scholarships that aren't full rides, they don't gain lose or gain money by offering the student a RA position (guaranteed) so they don't.
Regardless I think too many people are stressing over this. Byrd said 80% get RA positions that are out of state and that WASN'T counting TA positions. Considering that TA positions are basically guaranteed from what I've gathered, I think this would be a small risk worth taking for all out of staters (and I'm not one to usually take financial risks). From what students told me, the only ones that don't get RA positions are the ones that weren't determined to and the teachers just really didn't like. The way I see it, if your grades aren't good enough to get you a RA position (which is basically the criteria for a RA position, combined with your resume) then you have bigger things to worry about than getting a RA position, such as the likely possibility of being unemployed after graduation (or at least being unable to find a good paying job) and I would consider dropping out if you originally wanted a high paying job (cut your losses short). If you aren't looking to get a high paying job after graduation (public interest, etc.) or realize that such a job is your only option (your grades are too low, in which case you might not get the RA position) then the difference in loan amounts won't matter anyways as you will likely be paying the same monthly payments for the same amount of time under the newly approved IBR loan forgiveness program (probably around $230 a month for 10 years).
Ultimately, the only real risk I see is the possibility of the following situation: you have good grades, teachers like you, you want a high paying position after school, you're highly ambitious, BUT you don't get the RA position or a TA position. Considering that the position is primarily grades and resume based, this shitty situation is extremely (emphasis on extremely) improbable. Thus a risk worth taking, IMO.