Need-based financial assistance (grants)
Posted: Mon Mar 21, 2011 8:49 pm
Does anyone knows how much family income will qualify for need-based financial assistance (grants) from IVY Law Schools including Columbia, U Penn, and Cornell?
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I got the same exact award with EFC=9k... must be the max.alicen wrote:i'm also really curious about this. willing to post my own info:
efc=0 (including parental income)
parents make 40-50k; i'm in undergrad so measly income myself
this is my financial aid for 1L year at penn - am really interested if this seems typical or is like crazy good for these schools:
3,000 Dean's Scholarship [9,000 total]
25,100 Need-based Grant [57,something total, decreasing amounts every year]
4,500 Alternative Loan
8,500 Federal Subsidized Loan
12,500 Federal Unsubsidized Loan
5,000 Perkins Loan
2,200 University Subsidized Loan
60,800 Total Aid 1L Year
10,460 Remaining
Wait your EFC was 9000 and you got that much AID?sarahlawg wrote:I got the same exact award with EFC=9k... must be the max.alicen wrote:i'm also really curious about this. willing to post my own info:
efc=0 (including parental income)
parents make 40-50k; i'm in undergrad so measly income myself
this is my financial aid for 1L year at penn - am really interested if this seems typical or is like crazy good for these schools:
3,000 Dean's Scholarship [9,000 total]
25,100 Need-based Grant [57,something total, decreasing amounts every year]
4,500 Alternative Loan
8,500 Federal Subsidized Loan
12,500 Federal Unsubsidized Loan
5,000 Perkins Loan
2,200 University Subsidized Loan
60,800 Total Aid 1L Year
10,460 Remaining
So you got 34,000 in money that doesnt need to be paid back?? is this per year?alicen wrote:i'm also really curious about this. willing to post my own info:
efc=0 (including parental income)
parents make 40-50k; i'm in undergrad so measly income myself
this is my financial aid for 1L year at penn - am really interested if this seems typical or is like crazy good for these schools:
3,000 Dean's Scholarship [9,000 total]
25,100 Need-based Grant [57,something total, decreasing amounts every year]
4,500 Alternative Loan
8,500 Federal Subsidized Loan
12,500 Federal Unsubsidized Loan
5,000 Perkins Loan
2,200 University Subsidized Loan
60,800 Total Aid 1L Year
10,460 Remaining
yep. actually I guess mine was a little different - I had 18k merit, 57k need over 3 years, but my remaining was the same (less in alt loan/uni loan, I think).AssumptionRequired wrote:Wait your EFC was 9000 and you got that much AID?sarahlawg wrote:I got the same exact award with EFC=9k... must be the max.alicen wrote:i'm also really curious about this. willing to post my own info:
efc=0 (including parental income)
parents make 40-50k; i'm in undergrad so measly income myself
this is my financial aid for 1L year at penn - am really interested if this seems typical or is like crazy good for these schools:
3,000 Dean's Scholarship [9,000 total]
25,100 Need-based Grant [57,something total, decreasing amounts every year]
4,500 Alternative Loan
8,500 Federal Subsidized Loan
12,500 Federal Unsubsidized Loan
5,000 Perkins Loan
2,200 University Subsidized Loan
60,800 Total Aid 1L Year
10,460 Remaining