seamsavv wrote:
I am sorry that you are so in debt, but I rely on financial aid to cover my education, being a 1st generation college student coming from a family of 5 that lives on 20,000 a year.
As of now, I stand 4,000 grand in the hole because of California not passing a state budget, and I am precariously waiting it out, hoping not to lose my spot to a freshman.
I paid my own way through college as an undergrad. I worked full time and went to school part time. At the time, I was the ONLY ONE in my family…extended family as well…including parents, siblings, grandparents, aunts, uncles, cousins, who went to college. Nobody in my family thought it was important. They did not help me. They did not even attend my commencement. Now, several years later, I am paying once again for my own education, in the process of getting a graduate degree. With a family….three kids ages 3, 5, and 7. With grad school, it is extremely difficult to get any financial aid other than loans. So I have loans. I don’t ‘need’ the full amount they gave me, but I took it and paid off a credit card, too…b/c credit card interest rate is 21% with pmts due now, while student loan interest rate is 5% with payments due in two years….when I’m working a good job…and can even be deferred.
When I was getting my Bachelor’s, I could not get financial aid because I had medical issues. Even tho’ my family did not think it was important to go to school and did not help me with paying for my education…they DID think that it was important to keep me on their insurance plan as long as possible b/c of medical conditions. To do that, I was their ‘dependent,’ even tho’ I paid my way through life (I was emancipated and lived on my own during my senior year when I was 17). But since I was their ‘dependent’ for medical reasons only, I could not get financial aid b/c they made too much money….but their money did not go to help me pay my college tuition, rent, groceries, etc.
It has been tough. And now that I have kids, I will try my hardest to pay for their educations b/c I think the “college lifestyle” is important and they need to be able to be free to go on pizza parties///study… I couldn’t do any of this b/c I worked so much.