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Old 02-25-2019, 03:23 PM   #18
heartofjoy
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Default Re: How about a child going to college soon thread?

Quote:
Originally Posted by charla View Post
If we declined it, we would be required to pay that amount upfront (over $6500) or in monthly installments. There is no way we could do that because even with the scholarships, work study, student loans and this parent loan, we have a monthly payment of over $400.
I didn't realize they made you pay that up front. I hope that's not the case for us. They gave us an efc number but then gave him financial aid above and beyond the cost of everything. We plan to decline the parent loans and he'll just work to make up the difference. He did not receive any work study.
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