That's pretty cool, i think i'm going to start one too.
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 - Duner
The FAFSA's a double edged sword...if you liquidate your assets, you have no assets. subsequently, there goes emergency money, and there goes downpayment on a house in the future. but on the other hand they're going to expect 30% of your holdings to be put towards tuition. the best way i've found around the issue is to put your money into an ira....they can't hold a retirement or pension account against you. personally i liquidated all my accounts and bought a house a couple miles from campus...they can't hold a home against you either and it gives you great tax incentives. i agree with the above post that it doesnt make much sense to hold any high interest debt if you have the capital to pay it down.
as for your previous year's income, you're screwed. i was killed for this upcoming year because it looks like my wife and i have over 100k in income...when really its only going to be in the low 30s since she's the only one working now. my university said after classes i can go to financial aid and they'll redo our income for financial aid purposes. but realistically, it's only going to help if i want to up my loan eligibility....i'm effectively sunk trying for any need based aid or grants for my first two years of school.
i've always used equifax...and typically that's the agency people have used to do credit checks on me ie. mortgage, credit cards, etc(coincidence, possibly). as for your score, below 650 is usually the cutoff where higher risk begins. typically 700 guarantees credit for anything. in order to get the lowest rates possible you usually need a 740-750. to be honest, i don't know anybody with a credit score below 650 so i can't give much advice. if you go to equifax.com they've got pages that will tell you exactly what to do and what not to do. unfortunately, typically it takes a couple years properly managing your finances to reverse earlier trends.
they send those to everybody....it keeps people from hassling them. kind of like all the financial aid packages and forms schools send you, two weeks before they reject you. at least they didnt mess up and send you congratulations emails, with orientation information by mistake. i have friends that happened to, only to get the apology email a couple days later followed by the rejection note. no bitterness here though.
« on: June 04, 2004, 04:26:24 PM »
If you truly want to go to law school i think you'd be foolish to wait a year. i applied to schools two years ago, then got stuck in the middle east. long story short, at that time i was only accepted to 3 of the 13 schools i applied. only one of those schools would even give me a deferment. fortunately the other two i actually wanted to attend threw me pity admits this year...but they waited until the end of march, 8 months after i re-applied to accept me. because of the wait, i put in safety school apps....u memphis waitlisted me, and my numbers had me in the guaranteed admit pool (46/47)from the 2001-2002 statistics.
realistically i would have never been admitted this year due to the increased competetition if i hadn't hounded the admissions offices all year long and had one hell of an excuse not to matriculate last year. it's up to you, but remember typically your lsat will only improve marginally when averaged....and 40,000 applicants didn't get into school this cycle.
finally don't think extra curriculars over the next year are going to make much difference...through my entire ordeal i finished a masters degree and 5 years of military service....none of the schools cared!
I think it's not well respected because of the 28k+ tuition that one is going to have a hard time repaying with its below average starting salaries after graduation. at the same time, the location isn't typically where people strive to be. finally there are at least 7 other ny law schools ranked in the top two tiers....it's an uphill battle for them.
as for the comment about penn state....it's ranked in the 3rd tier because its only been affiliated with psu for a few years. on top of that, the campus is 80 miles from state college in the middle of nowhere. if they get the go ahead to move the school to state college it will skyrocket....unfortunately if dickinson keeps fighting the matter and maintains its sovereignty, i'd be willing to bet psu builds its own school and lets dickinson become independent again.