Thanks for looking into my issue.
His recent GPA is 4.01. He has scored 540 in Critical Reading, Math 600 & Writing 630 in SAT on 11/7/2015. His applicant rank is 36 in the class of 509. He has many AP courses with remarkable grades. He is in principal honor roll.
He applied for PSU and got the admission. We received the Financial Aid Letter that surprised us. The high school Counselor told us that, he will get scholarships from colleges. As we live in Maryland, we took a chance at PSU. We received the Financial Aid Letter that surprised us. We did not see any scholarship/aid. Total cost shows as 49K+. They want us to pay as one payment or 3 payments in Aug 2016, Oct 2016 & Nov 2016 with $45 extra fee. They are not committing upfront on waivers based on his AP grades. As out-of-state, we will be paying 74% more than their in-state student cost. They are not helping us to work on additional burden. We learned that subsequent year cost will be much more than 49k+
It will be out of reach for us without a scholarship/aid. Our son is not able to understand this situation. If we pay for 1st year and unable to pay following years, he will be a college drop out. It is hard to imagine.
Some of you in this forum may have faced this situation.
How did you handle this situation?
What are the work around?
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