My 26yo son has gone back to state university, to pursue a bachelors degree. He has been on his own for years now, holding jobs and renting.
He has virtually no savings ... maybe $1K.
Still, he has gotten very little true aid from the University. In-state he is paying ~$32K/yr. He has gotten $2500 grant and $17K in Fed loans.
I don't get it. His total income last year was < $40K. Being 26 and independent, our income and assets should not be factored in.
He didn't land any scholarships this year. Hopefully next year he will have better luck. He will be applying to as many scholarships as he possibly can.
He is also doing some work-study to help out but that is not big money.
What does he have to do to get some amount of need-based aid
This sucks.
Any good suggestions/advice??
He has virtually no savings ... maybe $1K.
Still, he has gotten very little true aid from the University. In-state he is paying ~$32K/yr. He has gotten $2500 grant and $17K in Fed loans.
I don't get it. His total income last year was < $40K. Being 26 and independent, our income and assets should not be factored in.
He didn't land any scholarships this year. Hopefully next year he will have better luck. He will be applying to as many scholarships as he possibly can.
He is also doing some work-study to help out but that is not big money.
What does he have to do to get some amount of need-based aid
This sucks.
Any good suggestions/advice??