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MarathonKnitter
HAPPY
Member since 2/07 17374 total posts
Name:
EMBRACING CHANGE
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money, financial aid, and jonesing to get back to school...
walk through the though process with me...
since getting my finances in better shape, i have just under $7k in an emergency fund. with the divorce, john signed the house over to me.
would i qualify for financial aid?
the reason i'm asking is... the program i want to do is at a community college. classes start in about two weeks.
my original plan was to save from now to january. but... i have enough money to pay for one or two classes right now. although i would only take one.
should i go for it or should i wait to see if all the paperwork of financial aid would be worth it?
i really want to get on with the rest of my life. but those i've shared it with have all told me to not be rash and just wait until january
tia
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Posted 8/14/09 8:21 AM  |
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Michelina627
LIF Adult
Member since 2/06 1071 total posts
Name:
Michelle
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Re: money, financial aid, and jonesing to get back to school...
Have you talked to the financial aid reps at the school? They may be able to help you figure that out by looking at your whole picture. You should try to schedule an appointmnent with them.
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| Posted 8/14/09 8:31 AM |
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baghag
:P
Member since 5/05 10278 total posts
Name:
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Re: money, financial aid, and jonesing to get back to school...
I think you might be too late for the financial aid paperwork to go through.
Couldn't hurt to call your school and see what the payment & registration deadlines are. Good luck!
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| Posted 8/14/09 8:36 AM |
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HeathKernandez
Our Ron is an awesome Ron
Member since 4/07 9091 total posts
Name:
baby fish mouth
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Re: money, financial aid, and jonesing to get back to school...
Posted by baghag
I think you might be too late for the financial aid paperwork to go through.
Couldn't hurt to call your school and see what the payment & registration deadlines are. Good luck!
that's not true. You can apply for FA even AFTER you start school... You just have to make sure the school knows your in the process of it.
You should qualify depending on your income. Since you are NOW a one income family, I don't see why you wouldn't be offered a healthy sum. It makes no difference how much you have in savings. (at least, I believe it doesn't, I could be wrong)
call your school's FA office and make an appointment
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| Posted 8/14/09 8:48 AM |
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smdl
I love Gary too..on a plate!
Member since 5/06 32461 total posts
Name:
me
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Re: money, financial aid, and jonesing to get back to school...
Posted by HeathKernandez
Posted by baghag
I think you might be too late for the financial aid paperwork to go through.
Couldn't hurt to call your school and see what the payment & registration deadlines are. Good luck!
that's not true. You can apply for FA even AFTER you start school... You just have to make sure the school knows your in the process of it.
You should qualify depending on your income. Since you are NOW a one income family, I don't see why you wouldn't be offered a healthy sum. It makes no difference how much you have in savings. (at least, I believe it doesn't, I could be wrong)
call your school's FA office and make an appointment
When I went back to school and applied for financial aid, I had to disclose my assets.
I have having a fairly good income but not enough to pay school out of pocket every semester.
You want to talk to a financial aid councelor at your school asap. It's best to be ready BEFORE the class begin. I did not want to advance the money for my classes. If you are all set with financial aid, it will be in the computer and when you register you won't have to pay for the classes.
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| Posted 8/14/09 9:11 AM |
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Peainapod
Peanuts are here!
Member since 1/09 13591 total posts
Name:
Diana
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Re: money, financial aid, and jonesing to get back to school...
the house might be an issue..your hubby signed it over to you..do you pay a mortgage on it, or is it paid for? when i was in college my parents owned a house. my father was the only one that worked. I got crap b/c they owned a house. My dad works for the city..his salary with overtime was maybe 60K at at the time. So they see 60K salary and a house and they think you make too much.
i had a private scholarship that paid full tuition to brooklyn college, and got a little bit from federal which sometimes covered my books. but that was it as far as federal aid.
I would STILL llook into it. b/c even if its too late now you might get something for the 2nd class you want to take next semester..or even get reimbursed for the class you're taking now.
doesnt hurt to talk to a finanacial aid counselor.
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| Posted 8/14/09 9:35 AM |
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heathergirl
Cocktail Time!
Member since 10/08 4978 total posts
Name:
American mouth
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Re: money, financial aid, and jonesing to get back to school...
IMO, I'd keep my emergency fund and make an appointment with the FA department to get the ball rolling.
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| Posted 8/14/09 9:37 AM |
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MarathonKnitter
HAPPY
Member since 2/07 17374 total posts
Name:
EMBRACING CHANGE
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Re: money, financial aid, and jonesing to get back to school...
i like the way you guys think.
Peainapod - i might just go ahead and pay for the first class to get the ball rolling and see what they can do for next semester.
heathergirl - the money i'm using to pay for school isn't coming from my emergency fund. it's a separate savings.
ok, i have next friday off. i'll go to the college and see what we can do for this semester, if anything. and plan better for next semester.
i'm just so anxious to get on with my life
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| Posted 8/14/09 9:42 AM |
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annoyedTTCer
LIF Adult
Member since 4/09 3272 total posts
Name:
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Re: money, financial aid, and jonesing to get back to school...
Been a while since I was in school but I do recall you had to be dirt poor to get most of the aid options. I recall a rule along the lines of a family of 4 had to make under $40k a year to get some NY state aid option
Even if you can't get aid you can probably do a payment plan.
Do you have a job that will part of your school costs?
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| Posted 8/14/09 9:42 AM |
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MarathonKnitter
HAPPY
Member since 2/07 17374 total posts
Name:
EMBRACING CHANGE
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Re: money, financial aid, and jonesing to get back to school...
Posted by annoyedTTCer
Do you have a job that will part of your school costs?
they do tuition reimbursement, but i wouldn't qualify for this semester. would have to wait for january.
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| Posted 8/14/09 9:50 AM |
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MST9106
My life:)
Member since 6/06 9589 total posts
Name:
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Re: money, financial aid, and jonesing to get back to school...
I believe that in order to qualify for financial aid you have to take a certain amount of credits...which I believe is at least 12.
I would hop on it now though and start with the first class. Talk to a financial advisor in school, see if they can help you out.
Good luck!
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| Posted 8/14/09 9:55 AM |
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smdl
I love Gary too..on a plate!
Member since 5/06 32461 total posts
Name:
me
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Re: money, financial aid, and jonesing to get back to school...
Posted by MST9106
I believe that in order to qualify for financial aid you have to take a certain amount of credits...which I believe is at least 12.
I would hop on it now though and start with the first class. Talk to a financial advisor in school, see if they can help you out.
Good luck!
No you don't. There are different loans depending if you are PT or FT students.
I was a PT studend and got through school with financial aid.
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| Posted 8/14/09 9:56 AM |
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smdl
I love Gary too..on a plate!
Member since 5/06 32461 total posts
Name:
me
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Re: money, financial aid, and jonesing to get back to school...
Posted by libby2595
Posted by annoyedTTCer
Do you have a job that will part of your school costs?
they do tuition reimbursement, but i wouldn't qualify for this semester. would have to wait for january.
If your work pays for this, then I would wait for January without a doubt.
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| Posted 8/14/09 9:58 AM |
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mrswask
Pookie Love
Member since 5/05 20229 total posts
Name:
Michal
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Re: money, financial aid, and jonesing to get back to school...
Posted by MST9106
I believe that in order to qualify for financial aid you have to take a certain amount of credits...which I believe is at least 12.
I would hop on it now though and start with the first class. Talk to a financial advisor in school, see if they can help you out.
Good luck!
There is part-time financial aid but has to be 6 credits. I've never heard of qualifying for financial aid with only one class.
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| Posted 8/14/09 9:58 AM |
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MST9106
My life:)
Member since 6/06 9589 total posts
Name:
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Re: money, financial aid, and jonesing to get back to school...
Posted by mrswask
Posted by MST9106
I believe that in order to qualify for financial aid you have to take a certain amount of credits...which I believe is at least 12.
I would hop on it now though and start with the first class. Talk to a financial advisor in school, see if they can help you out.
Good luck!
There is part-time financial aid but has to be 6 credits. I've never heard of qualifying for financial aid with only one class.
That makes sense. I know there was a minimum credit requirement you have to take. I always went FT so it was 12 credits.
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| Posted 8/14/09 10:01 AM |
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smdl
I love Gary too..on a plate!
Member since 5/06 32461 total posts
Name:
me
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Re: money, financial aid, and jonesing to get back to school...
Posted by mrswask
Posted by MST9106
I believe that in order to qualify for financial aid you have to take a certain amount of credits...which I believe is at least 12.
I would hop on it now though and start with the first class. Talk to a financial advisor in school, see if they can help you out.
Good luck!
There is part-time financial aid but has to be 6 credits. I've never heard of qualifying for financial aid with only one class.
yes, you need a minimum of 6 credits to qualify for financial aid.
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| Posted 8/14/09 10:03 AM |
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annoyedTTCer
LIF Adult
Member since 4/09 3272 total posts
Name:
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Re: money, financial aid, and jonesing to get back to school...
Posted by libby2595
Posted by annoyedTTCer
Do you have a job that will part of your school costs?
they do tuition reimbursement, but i wouldn't qualify for this semester. would have to wait for january.
I'd take one class this semester then to get back into the swing of things and then start for real in Jan.
This will also give you more time to get money together since you will probably have to pay for school and then have work pay you back once grades come in.
If work will cover some of the costs I'd take full advantage of that!
Message edited 8/14/2009 10:35:02 AM.
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| Posted 8/14/09 10:34 AM |
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DancinBarefoot
06ers Rock!!
Member since 1/07 9534 total posts
Name:
The One My Mother Gave Me ;-)
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Re: money, financial aid, and jonesing to get back to school...
Go for it!! Here is a link in case you need more encouragment!
Message edited 8/14/2009 12:04:50 PM.
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| Posted 8/14/09 11:57 AM |
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