Loans

[teaparty]

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I didn't see anything like this thread, and I've been wondering about it. What steps do I need to take in order to ensure that my first years tuition will be covered in full. My expected family contribution the first time I did a FAFSA for my undergrad was ridiculously high, an amount my parents could never hope to actually provide, and the loan amount I was offered was in turn relatively low.

 

[cowgirla]

I didn't see anything like this thread, and I've been wondering about it. What steps do I need to take in order to ensure that my first years tuition will be covered in full. My expected family contribution the first time I did a FAFSA for my undergrad was ridiculously high, an amount my parents could never hope to actually provide, and the loan amount I was offered was in turn relatively low.

1) Fill out fafsa

Veterinary student = independent for financial aid regardless of age/EFC = guaranteed to receive up to cost of attendance at every school that I know of.

You don't need to give them any parental info unless you want to be considered for health professions loans (lower interest, but only a few thousand $ a year)

 

[kakurubird]

You are guaranteed loans to cover the full cost of attendance as a professional student.

Here's OSU's presentation about financial aid which is a pretty good overview:
http://vet.osu.edu/sites/default/fi...ass of 2016 Interview PP FAFSA 111011 (2).pdf

 

[BarkyLove]

You are guaranteed loans to cover the full cost of attendance as a professional student.

Here's OSU's presentation about financial aid which is a pretty good overview:
http://vet.osu.edu/sites/default/fi...ass of 2016 Interview PP FAFSA 111011 (2).pdf

Thanks for sharing! The presentation's pretty helpful :0)

 

[orcagirl]

1) Fill out fafsa

Veterinary student = independent for financial aid regardless of age/EFC = guaranteed to receive up to cost of attendance at every school that I know of.

You don't need to give them any parental info unless you want to be considered for health professions loans (lower interest, but only a few thousand $ a year)

The health professions loans only applies to schools (veterinary medicine programs) that we established before a certain date. There are some schools, like NCSU, where it's not an option to take out this loan. Didn't hurt me any to put my parents' information in when I filled out the FAFSA because I didn't know where I would be going and I could have ended up at a school where the health professions loan would have been possible.

 

[deleted497320]

1) Fill out fafsa

Veterinary student = independent for financial aid regardless of age/EFC = guaranteed to receive up to cost of attendance at every school that I know of.

I think Cornell assumes that anyone under the age of 30 who isn't married is dependent on his/her parents, and you have to include your parents' information on your FAFSA. There may be ways to get around this, since there are lots of non-traditional students under the age of 30 who have been supporting themselves for years, so putting your parents' info down is ridiculous. I don't know the specifics of these exceptions, however- I'm focusing on doing my taxes now and not thinking about the obscene amount of $$$ I'm going to owe for vet school.

 

[orcagirl]

I think Cornell assumes that anyone under the age of 30 who isn't married is dependent on his/her parents, and you have to include your parents' information on your FAFSA. There may be ways to get around this, since there are lots of non-traditional students under the age of 30 who have been supporting themselves for years, so putting your parents' info down is ridiculous. I don't know the specifics of these exceptions, however- I'm focusing on doing my taxes now and not thinking about the obscene amount of $$$ I'm going to owe for vet school.

I think what was decided was that information might be considered for money from the school itself. You can still get federal money, as much as you need up to the cost of attendance at your school.

 

[tvo21]

I've been looking into this, as well. I found this thread helped me out a lot: http://forums.studentdoctor.net/showthread.php?t=798885

I don't know if it will help, but it sure answered a lot of my questions and even more that I haven't thought of asking. Also interesting to see how everyone from different schools deals with their loans and cost of living.