How Much Financial Aid is Worth Negotiating Over? Forum

[alittlefly]

I definitely don't want to come off as a penny-pincher and haggle over nothing, but what amount of financial aid difference is worth negotiating over?

$10k? $5k? Even $1k?

For my specific circumstances, it's a difference of a little less than $3k for sheer financial aid, though it comes out to be a difference of $7k when it comes to including cost of living (just for the 2015-2016 school year). Worth negotiating?

[OhBoyOhBortles]

Yep.

[BrazilBandit]

"You miss 100% of the shots you never take"

[wildhaggis]

Any amount.

What is the cost to you of doing so? What is the drawback?

If you are successful, this is the easiest money you will ever make.

[AreJay711]

Do it just to do it. $5k might not seem like much, but over 13 years with interest (for the longest $5k you owe) that's over $10k. You'll pay it off with your last X number of payments sequentially. You could have bought yourself a Rolex those last few months instead.

Or you could do PAYE, dodge the tax bomb through poverty, and be no worse off.