Another Fin. Aid question...
- 0Jul 29, '08 by indymomRNOk. I found out what I am getting for my pell and state aid, etc. I also found out how much I am going to have to fork over for childcare and I don't have enough. If I get a student loan on top of the grants, will they lower the amount of my pell and state aid?
- 0Jul 29, '08 by BigTThey will not lower your pell grants or state aid if you obtain student loans. In fact you might get part of your student loans subsidized, which means that the gov will pay your interest for you while you are in school. It all depends how your particular financial numbers came out. Best thing to do is contact your financial aid dept. and they can give you the details for your particular case..
- 0Nope! Just as she said I had grants for the summer and also took out a loan and they didn't lower my federal grants I received. You are to use the money for any educational related expense, so it wouldn't be fair if they were just applying it towards tuition!
I know how you feel though...I am going from paying $400 a month for daycare to $560 a month for daycare My daycare provider just gave me her two weeks notice. Loan money is going to be helping me get by this semester!!
- 0Jul 31, '08 by Innurse78I don't know how you guys do it!
560 a month for daycare!! Holy cow!
There should be a new bill passed by this state that allows people to input their financial needs while attending school and have it ALL subzidized by the state. Lord knows they can afford it and so many miss the opportunity to go to school because of it!
The school deciding how much you get for this and that, to eat or not to eat..........thats just not right. How do they know what needs we all have to attend school? Everyone is different.
Blows my mind.
Ok, I'm done ranting
But maybe this does need to be brought up in the State Legislature.
Its so different here than Canada ( where I am from)
In Canada, we get our school paid for if we have kids, lower than normal income etc.
Good luck girls! I admire you for going for it thoughout your hardships! It will SO be worth it in the end.
- 0Jul 31, '08 by indymomRNI've been selling my furniture and old textbooks and things of that nature on craigslist just so I can get school supplies and clothes for my kids. Not having a whole lot of luck yet but every little bit helps. I just keep telling myself "Two more years..."
This won't last forever, but right now it really sucks. My oldest outgrows his clothes sooooo fast and I can't afford to buy new. He's ten and in the last year he has shot up to 5' tall and is in a 7 shoe. Geez! The middle two get his hand-me-downs but my oldest and my little girl need new stuff constantly.
It's hard sometimes to remember this when you are in a dire financial situation but I have to remember all the time. No matter how bad it is, it could always be a whole lot worse and there are plenty of people out there that are far worse off than me.
I have been at rock bottom literally starving myself at times so my kids had enough to eat. Thank God we're not there anymore but it was a very humbling experience and it makes me thankful for the things that I do have now. School is my saving grace and all this financial difficulty.....it -will- pass. Just as soon as I have that degree in my hand that I have worked soooooo hard for for so long. This financial aid stuff, loans, the waiting, etc.....just another hurdle to jump.
- 0Jul 31, '08 by wishNhopeNdreamNI guess this might sound weird, but at this time I am thankful that I have 4 kids still at home to support. It allows me to work full time and also get federal and state money.
I might get flamed for saying it, but it is one of the reasons I chose to go back to school. If I had no kids at home, I wouldn't be able to go to school for lack of funds.
- 2Jul 31, '08 by indymomRNThere are definitely perks when you are in a bad spot financially. I'm the same way. If I wasn't raising 4 kids by myself, there's no way I would qualify for any of the aid I am getting.
That's why the aid is there though. People like us that raise our kids and strive to be better are what these programs were meant for. Unfortunately, there are tons of people out there that want a hand out instead of a hand up and the people that really have a need for the help sometimes can't get anything.