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Need Based Aid
Posted: Sun Jul 01, 2012 3:34 am
by Should I Transfer??
I've heard some talk of transfers being offered need based aid at GTown, B, and HYS. Anyone know if other T14 schools offer need based aid for transfers? And, anyone know when the offers of aid come in? e.g. right at acceptance, a week later, after enrolled, etc. Thanks for any insights...
Re: Need Based Aid
Posted: Sun Jul 01, 2012 1:49 pm
by jbiresq
This is based on some cursory research:
NYU, Columbia - No need aid for transfers
Chicago - No need aid, no scholarships for transfers
Northwestern - Not sure but I think I read once that they don't
Michigan - Only eligible for loans
Penn - Seems like they don't give out need aid
Cornell - No need aid - "Our Financial Aid Office normally does not award institutional scholarship assistance to transfer students. Transfer students are eligible for loan assistance during their attendance at Cornell."
Duke - No need aid
Virginia - No scholarships - "Scholarship funds are not available for transfer students. Transfer students are fully eligible for loan funding"
I think Georgetown took about two weeks to process my need award, which was quite substantial.
Re: Need Based Aid
Posted: Mon Jul 02, 2012 2:00 am
by Fujin11
Does anyone know why GULC is the only school that gives transfers need aid? (sans the usual suspects of course)
Re: Need Based Aid
Posted: Mon Jul 02, 2012 4:44 pm
by in_reverie
Berkeley gives need-based aid too, fwiw.
Re: Need Based Aid
Posted: Mon Jul 02, 2012 4:53 pm
by mileslibertatis
Anyone know what it takes to actually qualify for need-based aid?
Re: Need Based Aid
Posted: Mon Jul 02, 2012 5:54 pm
by in_reverie
mileslibertatis wrote:Anyone know what it takes to actually qualify for need-based aid?
Unless you're over 30 (in which case you won't need to supply their information), you'll need poor parents, mostly. Even if you qualify as "independent" under FAFSA, most schools will still require parental information.
Re: Need Based Aid
Posted: Mon Jul 02, 2012 5:58 pm
by mileslibertatis
I completed the needs access form, but I listed 0 for all of my parents information. I haven't lived with them for like 8 years and I don't have access to their tax information.
Re: Need Based Aid
Posted: Mon Jul 02, 2012 6:53 pm
by lnllnl
mileslibertatis wrote:I completed the needs access form, but I listed 0 for all of my parents information. I haven't lived with them for like 8 years and I don't have access to their tax information.
http://www.top-law-schools.com/archives ... 15&t=57972
Re: Need Based Aid
Posted: Mon Jul 02, 2012 7:10 pm
by jess
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Re: Need Based Aid
Posted: Mon Jul 02, 2012 7:13 pm
by lawgrl14
Are you supposed to submit this form along with the application or once you're admitted? Or either?
Re: Need Based Aid
Posted: Mon Jul 02, 2012 7:13 pm
by mileslibertatis
Eh. I'm married, a homeowner, military veteran. Not yet 30 though. I guess once I figure out which school I will deal with the specifics.
Re: Need Based Aid
Posted: Mon Jul 02, 2012 7:57 pm
by concurrent fork
mileslibertatis wrote:Eh. I'm married, a homeowner, military veteran. Not yet 30 though. I guess once I figure out which school I will deal with the specifics.
Some schools (HLS) have a sliding scale. So once you are 26 or 27, they will start reducing the amount of parental income attributable to you by like 25% per year. But I think you still need to report their info to get aid.
Re: Need Based Aid
Posted: Tue Jul 03, 2012 1:15 pm
by lawgrl14
lawgrl14 wrote:Are you supposed to submit this form along with the application or once you're admitted? Or either?
Sorry, but anyone with a quick response on this? I'm just trying to make sure all my ducks are in a row.
Re: Need Based Aid
Posted: Tue Jul 03, 2012 1:17 pm
by mileslibertatis
For Yale, at least, you have to do the Needs Access form before July 1st. Not sure about other schools. You pay once for the privilege, and can submit to as many schools as are on the list.
Re: Need Based Aid
Posted: Tue Jul 03, 2012 4:01 pm
by drmguy
Does anyone know the income cap?