Law School Discussion

Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - RedWine

Pages: 1 ... 6 7 8 9 10 [11] 12 13 14 15 16 ... 29
101
Financial Aid / Re: An EFC of 0 ????
« on: March 10, 2007, 07:51:19 PM »
I've gotten a couple of preliminary aid packages, so I can say this much: my EFC was slightly less than $10K.  School 1 gave me the full amount of subsidized and unsubsidized Stafford loans, about 1/2 tuition in scholarship $$, $4K in work-study funds, and the rest of the attendance cost in private loans.  School 2 gave me the full amount of Stafford loans, a full-tuition scholarship, and a tiny private loan I won't be taking ($136 - not worth it).  Neither school mentioned a thing about EFC and I didn't see it reflected anywhere.

So, it doesn't seem like there's any need to panic about EFCs unless your school calculates financial aid vastly differently than these do.

Can you clarify for me?  I don't think I understand the "full amount of Stafford loans"- does this mean that the Stafford loans by themselves would have covered the entire expected cost of living?

Yep.  The COL (including books and fees) at School 2, where I'll probably be going, adds up to $20,636.  Since I'm eligible for $20,500 in Staffords, I could borrow the extra hundred bucks in a private loan, but that's just silly, IMO.

102
Financial Aid / Re: An EFC of 0 ????
« on: March 09, 2007, 10:08:40 PM »
I've gotten a couple of preliminary aid packages, so I can say this much: my EFC was slightly less than $10K.  School 1 gave me the full amount of subsidized and unsubsidized Stafford loans, about 1/2 tuition in scholarship $$, $4K in work-study funds, and the rest of the attendance cost in private loans.  School 2 gave me the full amount of Stafford loans, a full-tuition scholarship, and a tiny private loan I won't be taking ($136 - not worth it).  Neither school mentioned a thing about EFC and I didn't see it reflected anywhere.

So, it doesn't seem like there's any need to panic about EFCs unless your school calculates financial aid vastly differently than these do.

103
Struggles, I'm really excited for you and wish you and your growing family all the best!!

104
This calculator might help: http://www.finaid.org/calculators/loananalyzer.phtml.  You can change the terms and rates to reflect each lender's benefits, and calculate different repayment terms.  Remember to separate your subsidized from unsubsidized loans, though (for the max in federal loans, it would be $25,500 in subsidized and $36,000 in unsubsidized).  It's not going to be an exact calculation because it will combine all the disbursement dates, so the estimate from this calculator should be on the high end of what you'd actually have to pay.  It will estimate the cost of private loans, too.

I've heard terrible things about Sallie Mae -- they don't apply extra payments to principal like they're supposed to, it's hard to get through to customer service and if you do, they still won't listen to you, etc.  I don't know much about the other lenders.

105
Law School Admissions / Re: My cycle is over!
« on: March 07, 2007, 09:28:41 PM »
Thanks, everyone, for the support!  I was kind of afraid that everyone would call me crazy, but the only thing that would further convince me that this boyfriend is the one would be a ring on my finger (and I'm not quite ready to be married yet).  I just can't imagine being happy without him by my side, and probably wouldn't do well academically if I wasn't happy.  Also, there's a slight chance I'll be moving out of the US soon after law school, so the less debt I have, the better because it would take me awhile to satisfy the requirements to practice abroad.

To everyone whose cycle is over, doesn't it feel great?  It all happened so quickly for me, within the space of 3 days, and I feel 1000% better today than I did a week ago.  I'm actually really happy.  To those still waiting, there will be relief soon, I promise!

106
Law School Admissions / Re: My cycle is over!
« on: March 07, 2007, 02:48:04 PM »
Mine ended this past weekend!  With my only ding, which isn't the best way to finish, but I'm soooo relieved that it's over, I don't actually mind.

Now it's down to the choice of 1) Temple: extremely cheap and staying with my SO or 2) Vandy: extremely expensive and far away.  Vandy would be awesome, but I think Temple will suit my intended post-law-school path better.  No private loans, woo-hoo!

107
Choosing the Right Law School / Re: Philly Law: Temple or Villanova?
« on: March 06, 2007, 12:38:46 PM »
Whichever one seems like a better fit for you.  A rough guideline:

Tax Law = Villanova
Trial Advocacy = Temple
More conservative/religious affiliation = Villanova
PA resident concerned with debt = Temple
Nicer facilities at the moment = Temple
Nicer area in general, with a self-contained campus = Villanova

Both are pretty equally respected here, and if you're interested in areas other than tax and trial advocacy, it's probably a toss-up.  Between the two, I'm basing my decision mostly on the money and slightly less on atmosphere, which means I'll be at Temple.  Also, the clinics at Villanova are more limited because of their Catholic affiliation, so if you're interested in those, check out each school's materials to see if they have what you're looking for.

108
Law School Admissions / Re: anxious about Rutgers Camden
« on: March 05, 2007, 02:42:06 PM »
Yanksfan, are you sure you're complete?  It took me forever to hear back from R-C and it turned out that it was because I didn't have 2 LORs from professors.  Once my second prof FINALLY sent hers in, it took about 3 weeks.  However, they never let me know that I wasn't complete -- I stumbled upon the requirement about 2 professor letters completely by accident.  Actually, I had no communication from them at all until my acceptance email.

Definitely check with them if you haven't heard anything.

109
Law School Admissions / Re: Vanderbilt Acceptances
« on: March 05, 2007, 09:57:33 AM »
For those who have received $$ offers, are they just in regards to merit aid or do they contain need-based aid info as well (i.e. loans, additional grants, etc.)?

110
Law School Admissions / Re: anxious about Rutgers Camden
« on: March 05, 2007, 09:53:36 AM »
Either Temple or Vanderbilt.  It sounds like it should be a no-brainer decision, but there are a lot of outside reasons for me to stay in Philly and especially to minimize my debt, so a lot will rest on whether I get any money from Vandy (and if so, how much).  It looks like Vandy has been sending out offers, so hopefully I'll be able to sit my SO down, have a serious talk, and make a decision very soon.  My stress levels will go WAAAAAY down after that, thank heavens!!

I'm not withdrawing from Villanova quite yet, but I can't imagine that they'll offer enough money to make it worth choosing over Temple.

Pages: 1 ... 6 7 8 9 10 [11] 12 13 14 15 16 ... 29