replying to an acceptance email

[redtea]

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I am applying for the graduate study in fall 2010, and have just received an email from a prof saying he wants to accept me as a master student, while $70,000 will be needed for tuitions, living expenses and others for 2-year MS course( in Minnesota state). He was wondering how much i can support by myself, then he will try to find an additional funding for me.

How could i reply? Need some suggestions!
Thanx in advance!

 

[twelvetigers]

I suppose I would be honest about it. Calculate the maximum amount you could afford, then send him a number just a bit below that. You could always say that you're a bit flexible on the amount, but the more he could come up with in funding, the better?

Of course, try to word it better than that.

 

[redtea]

I suppose I would be honest about it. Calculate the maximum amount you could afford, then send him a number just a bit below that. You could always say that you're a bit flexible on the amount, but the more he could come up with in funding, the better?

Of course, try to word it better than that.

Thanks for your suggestion. In fact i would also go to south dakota state university for phd study with tuition waiver and scholarship.So what about it when compared with university of minnesota? I would like to make the final decision after a careful comparation.

Thanks for any suggestion in advance🙂

 

[MrSquirtles]

Are there any loans available to you through FAFSA for that kind of program (or scholarships, etc)? I'm assuming it's not something that you would have time to maintain a part time job during. I personally would have to tell him I needed $70,000, lol. I would also look into the cost of living in the area if you aren't from there, b/c that can make a huge difference. If it were me, I guess I would be asking him what the max amt of funding he thought he could come up with would be, b/c that would ultimately determine if it was even feasible for me.

Hope that helps!