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whats generally the cutoff for need based grants?
Posted: Tue Feb 28, 2012 11:26 pm
by sangr
hello guys,
like others it is a little difficult to get parent info and do the whole need access process.
1) whats generally the cutoff for money on this stuff? meaning how little do u or ur parents need to make to get any substantial money?
if u guys could give ur input
it would help so much
thanks
Re: whats generally the cutoff for need based grants?
Posted: Wed Feb 29, 2012 1:27 pm
by sach1282
This is relevant to my interests.
Anyone know of what the highest amount of money your parents can make and still receive ANY aid? $200,000? $100,000? $50,000?
Re: whats generally the cutoff for need based grants?
Posted: Wed Feb 29, 2012 5:05 pm
by Sammy841
It seems like most schools don't like to give out this info openly. I've made some calls and haven't gotten anywhere. I think it has to be pretty low though. My only bar I'm using right now is UCLA which gave me about $13,000/yr. I make less than $30,000 and my parents collectively make less than $40,000 with no assets. I don't know if that's helpful but I would be curious to know other awards people have gotten.
Re: whats generally the cutoff for need based grants?
Posted: Wed Feb 29, 2012 5:08 pm
by 09042014
Most schools give none. HYS definitely do. I've heard of NYU maybe giving some. The poster above said UCLA does.
It's rare.
Re: whats generally the cutoff for need based grants?
Posted: Wed Feb 29, 2012 5:29 pm
by sangr
ok. i was goin nuts because im late for the need based for schools (including UCLA).
kind of a relief knowing that its not too common for everyone.
it seems to be a question that most people dont know the answer to.
Re: whats generally the cutoff for need based grants?
Posted: Wed Feb 29, 2012 6:06 pm
by USMCMatt
I agree with other posters...needs-based funding is very hard to get. You really need to be pretty poor to get it unless at one of the big ticket schools. Need-based usually comes from government sources or private foundations.
My wife and I made quite a bit last year so I just had to go with the merit schollys. those aren't bad though, and they can be negotiated.
Re: whats generally the cutoff for need based grants?
Posted: Wed Feb 29, 2012 6:52 pm
by horrorbusiness
Sammy841 wrote:It seems like most schools don't like to give out this info openly. I've made some calls and haven't gotten anywhere. I think it has to be pretty low though. My only bar I'm using right now is UCLA which gave me about $13,000/yr. I make less than $30,000 and my parents collectively make less than $40,000 with no assets. I don't know if that's helpful but I would be curious to know other awards people have gotten.
at this rate i hope i get the near ~20k max they stated on their website! i and my parent have really low income. i'll post an update here when i hear back in a week or two for UCLA and Cornell at least.
Re: whats generally the cutoff for need based grants?
Posted: Mon Mar 05, 2012 2:40 pm
by horrorbusiness
horrorbusiness wrote:Sammy841 wrote:It seems like most schools don't like to give out this info openly. I've made some calls and haven't gotten anywhere. I think it has to be pretty low though. My only bar I'm using right now is UCLA which gave me about $13,000/yr. I make less than $30,000 and my parents collectively make less than $40,000 with no assets. I don't know if that's helpful but I would be curious to know other awards people have gotten.
at this rate i hope i get the near ~20k max they stated on their website! i and my parent have really low income. i'll post an update here when i hear back in a week or two for UCLA and Cornell at least.
update: yeah UCLA offered me 20k/yr, renewable. if you're curious, PM me and i can give you the details of my need-access/FAFSA numbers.