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Financial Assistance Form Statement 2016-2025

Christ Assistance 2016-2025 Form

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These are real financial aid letters sent in the spring of 2015 to a student who had a very good GPA and his family earned about $100,000 a year. There are two main points we can take away from these letters. The first one is how confusing they are. If you look at these letters, it's almost impossible to figure out how much does a family actually have to pay? What is their true net price? And by net price, I mean what is the full cost of attendance including living expenses and books and travel? minus only scholarships and grants. Not loans, because you're gonna have to pay those back. One of these letters from Loyola University indicates that a PLUS loan is part of the aid package. Now a PLUS loan is a federal parent loan. They charge very high interest, and they require a credit check so if you have poor credit, you're not going to get this. It shouldn't really be considered part of the aid package. It's a separate deal. Loyola does send a broc

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