University of Virginia School of Law 2011 Forum

[aguyingeorgia]

I'll kiss it and make it better.

[gladiator]

Hooray my FAFSA finally says received at UVa.

[doublehoo22]

My financial aid has finally been processed. MisVirginia, you were definitely right about not getting anymore "free" money.

[MissVirginia]

My financial aid has finally been processed. MisVirginia, you were definitely right about not getting anymore "free" money.

I really wanted to be wrong about that...
---
Maybe this needs to be the Housing... and Financial Aid... and Miscellaneous Virginia Law thread.

[greygoose]

my financial aid is up as well.

does anyone know what the interest rate is on subsidized stafford loans and unsubsidized stafford loans are?

[MissVirginia]

[cantwaitforuva]

my financial aid is up as well.

does anyone know what the interest rate is on subsidized stafford loans and unsubsidized stafford loans are?

It's fixed at 6.8% for both.

[cantwaitforuva]

Got my financial aid as well. Basically exactly what I was expecting. I filled out that info on line about lenders and stuff. What happens now?

[greygoose]

just to make sure (i'm groggy now):

subsidized stafford (6.8% but i don't pay interest during the next 3.5 years), if i pay off immediately after time has elapsed i just pay the principal?

unsubsidized stafford (6.8%, i can choose to not pay interest during the 3.5 years), but i'll have to pay the accrued interest + the principle once i decide to pay the loans?

[Wellsfargowagon]

just to make sure (i'm groggy now):

subsidized stafford (6.8% but i don't pay interest during the next 3.5 years), if i pay off immediately after time has elapsed i just pay the principal?

unsubsidized stafford (6.8%, i can choose to not pay interest during the 3.5 years), but i'll have to pay the accrued interest + the principle once i decide to pay the loans?

Pretty sure that's how it works. For the subsidized Stafford, interest begins accruing only after graduation.

[gladiator]

I didn't get my award, just that my FAFSA was received on Monday. Not sure why theyr'e just getting it now considering it's been complete for like 2 months.

[MissVirginia]

Sorry so many questions.

[Nike6075]

I still don't have mine yet. Maybe it's done alphabetically - i'm near the bottom.

To go back a bit, I played a little hoop in HS and some IMs in undergrad.

[gladiator]

Nope, I'm near the beginning of the alphabet and I was admitted in January.

[cantwaitforuva]

Ok, so after reading the instructions (--LinkRemoved--), now I'm confused:

• 1. Since Virginia doesn't consider parents' info (other than that one line "expected parental contribution" item), does most everyone have a personal contribution of zero or near zero?
  2. Did other people get Perkins loans? What's the deal with those?
  3. Where/ how do you apply for GradPlus since apparently it's not with this form?
  4. Is anyone planning on asking for an increased estimated cost of attendance?

Sorry so many questions.

1. My expected contribution was zeor.
2. I did not get a Perkins loan. Take it, it's a good thing and is only offered to those with the most need. It's federal so it's a safer bet than taking a private loan.
3. Gradplus was on that online thing for me. I just indicated how much gradplus I wanted (the rest of the budget).
4. Yes, I will be asking for an increase in cost of attendance. I spoke with Fin aid about it and if you want to PM me I can give you what I know.

[MissVirginia]

Thanks CantWait.

[sialeeds]

Ok, so after reading the instructions (--LinkRemoved--), now I'm confused:

• 1. Since Virginia doesn't consider parents' info (other than that one line "expected parental contribution" item), does most everyone have a personal contribution of zero or near zero?
  2. Did other people get Perkins loans? What's the deal with those?
  3. Where/ how do you apply for GradPlus since apparently it's not with this form?
  4. Is anyone planning on asking for an increased estimated cost of attendance?

Sorry so many questions.

1) My EFC is 1,200, but I think that's because I have some money in the bank (nothing serious, but I guess they want me to use some of it). I mean, I didn't even have to file taxes this year, hahahaha.
2) Nope.
3) I don't know, I am confused...
4) I don't think so? Unless the tuition is higher than $35,000 a year... but even then I can still probably make do.

Those of you gripping about getting no more free money... at least you got free money! Be thankful, and hope some trickles down to those of us with none. At this point, $5,000 would be HUGE to me.

[greygoose]

tuition is going up (41800 for out of state)

i have no perkins, i think the budget is fine for me. ugh biglaw...

[sialeeds]

tuition is going up (41800 for out of state)

i have no perkins, i think the budget is fine for me. ugh biglaw...

Booo, so that means 36,800 for in-state? They gave me hope that it would be 35,000 at the ASW (it was 33,500 this year). That's a huge jump.

[greygoose]

yea, but it's going to be worth it in the future. however, damn this education is pricey.

[Da Stain]

I didn't get no moneyz yet

[doublehoo22]

tuition is going up (41800 for out of state)

i have no perkins, i think the budget is fine for me. ugh biglaw...

Booo, so that means 36,800 for in-state? They gave me hope that it would be 35,000 at the ASW (it was 33,500 this year). That's a huge jump.

Yep.... 36,800 in-state at least that's what my award letter says. It has to be finalized by the BOV this month I think.

[sialeeds]

[MissVirginia]

Thanks for chiming in- glad I'm not the only one confused by the GradPlus...

[ackcova]

Ok, so after reading the instructions (--LinkRemoved--), now I'm confused:

• 1. Since Virginia doesn't consider parents' info (other than that one line "expected parental contribution" item), does most everyone have a personal contribution of zero or near zero?
  2. Did other people get Perkins loans? What's the deal with those?
  3. Where/ how do you apply for GradPlus since apparently it's not with this form?
  4. Is anyone planning on asking for an increased estimated cost of attendance?

Sorry so many questions.

1. No, not if you were working. Mine is a significant amount of money (to me!)
2. No, I'm jealous.
3. Don't know
4. Yes, for computer.