Boston Terrier wrote:
Wrong, it is all a grant. this is not an opinion, it is fact. Estimated total coast is not 58 grand, it's 49.5. This is 100% covered for a family that makes 60 grand or under by "grant."
"A grant does not have to be repaid. Some grants are referred to as 'scholarships' or 'gift aid'."
This above quote comes directly from Princeton financial aid literature. Why on Earth would people argue so vociferously for something they obvious know nothing about. I understand trolls but trolls are deliberate. I think people like "seyta" are not only stupid but rapidly defensive of their right to be so.
How long have you BEEN out of college?
Are you aware that Princeton's tuition with room and board included is NOT 49,500 per year?
DO NOT cite their website for that information, because the website does NOT provide the cost with room and board and student medical insurance included. Are you aware that a university health-plan can cost on average $2000? Are you aware that all attending students are REQUIRED to have Health Insurance? Are you aware that Books and Supplies are NOT included in the cited tuition costs but ARE included on the formal financial aid estimate?
No, you are NOT, because you are NOT an Ivy League student, and never HAVE been. And why do I know this? Because you blindly cited Princeton's WEBSITE as a legitimate source for a financial aid estimate when ANYONE who has actually undergone the process for applying for and receiving financial aid from ANY of the Ivy League schools would know FAR better.
Also, do NOT cite any website that provides costs for any year PRIOR to 2012. NONE of those are accurate, as college costs undergo an inflation rate several times the standard.
Now, do you KNOW what a Financial Aid Package looks like?
Because I don't think you've actually SEEN one.
So why don't I clear this up, because I have ON HAND, a Financial Aid Package to cite.
Brown University
Undergraduate Office of Financial Aid
2012-2012 Financial Aid Award Notice
Initial Notification
Date: 3/30/2012
1. Read this award notice and all enclosures to help you understand your financial aid award. Keep this award for your records.
2. Take note of the message codes (if any) for each award line below. each message code is explained on the back.
3. Review the Terms and COnditions carefully. You will need to acknowledge them when accepting your award.
4. If you are receiving any other aid (e.g. scholarship, assistantship, state grant) that is not listed on this award, please email our office with your name, ID number and the award name, type and a mount.
Federal Pell Grant-EV 2012-13 $2700
Federal SEOG Grant EV 2012-13 $1500
State of RI MAP Grant (est) $4720
Federal DIrect Sub Stafford Loan $3500
Federal Direct Unsub Stafford Loan $2000
Total $14420
Costs
Tuition- $43380
Room and Board- $13329
Medical Expenses- $1890
Fees- $399
Total- $58998
Estimate of Resources
Family Contribution- $46578
Other Resources- $0
Total Need- $12420
Unmet Need- $0
Now, I understand that pieces of shit like you are unwilling to admit when you're wrong and believe that everything you cite from a website is correct, regardless of the fact that ON THE WEBSITE PAGE, they will state that ALL information provided is unofficial and does NOT guarantee an applicant any of the stated.
So notice that provided NEED is calculated as a combination of MANY sources, and NOT just a grant.
The ENTIRE Ivy League has virtually the EXACT same Policy. In fact, if you wanted, I could cite for you aid packages offered from Cornell AND Dartmouth for the 2009-2010 school year as well. The ENTIRE Format is the same.
Oh yes, you can argue that "Brown" is not Princeton, and "Cornell" is not Princeton, and "Dartmouth" is not Princeton, but it would take an utter moron to fail to see that the entirety of the Ivy League possesses virtually the SAME costs each year, and possesses the SAME financial aid policies.
Now let me ask you. ARE you a member of a $60,000 family attending an Ivy League school?
Do you HAVE a hard copy of a Financial Aid package delivered to your home?
If not, then don't even PRETEND to understand the system by which they function, because you DON'T. Incidentally, I do not belong to a family with an income of $60,000 or lower, but I am aware enough of the financial aid processes that occur at these schools to know that EVERYTHING being spewed out of your mouth is worthless trash, because I have heard first-hand recounts of the ACTUAL aid-process for these students. When December and January roll around, this is quite literally ALL that is talked about on campus, because it is the period in which ALL students attending the university on aid are required to begin the re-evaluation and re-application process.
Oh yes, will the WEBSITE say that students with families making less than $60,000 have an "estimated" financial contribution of zero? Why, most certainly it will. But I don't think you understand the word ESTIMATED, and I also don't think you understand that income itself is NOT the only factor that goes into determining the degree of financial aid a student receives. And why do I know this? Because the CSS Profile filled out for EVERY student is THE SAME, and the FAFSA Profile filled out for EVERY student is THE SAME, and anyone who DOES fill out these forms will be PROVIDED with the lines of information required at any school they so choose to send it to.