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Jennifer Biology/Pre-Med Major
SAT: 1460 (without writing)
Initially looked at 1 college, then considered 24, then applied to 9
Family income approximately $110,000 Results:
| Attending University of North Carolina, Chapel Hill | | Cost of attendance: | $27,398 per year | | Received: | - $15,000 Carolina Scholarship | | | - $ 2,625 Stafford Loan
| | | = $ 9,773 Out-of-pocket costs per year (to go to an out-of-state, tier 1 college) |
Dad is going to retire 2.5 years early Total savings (free money) over 4 years: $70,500
CatherineTheater Major
SAT: 1310 (without writing)
Family income approximately $263,000 Results:
| Attending Florida State University | | Cost of attendance: | $17,212 per year | | Received: | - $2,400 University Freshman Scholarship | | | - $ 4,020 Bright Futures Scholarship
| | | = $10,792 Out-of-pocket costs per year |
Total savings (free money) over 4 years: $25,680
MattEnglish Literature Major
SAT: 1150 (without writing)
Looked at 8 colleges, in and out of state
Family income approximately $225,000/ year Results:
| Attending St. Edwards University (TX) | | Cost of attendance: | $33,868 per year | | Received: | - $ 8,000 St. Edwards Grant | | | - $ 4,500 President’s Award | | | - $ 2,625 Stafford Loan | | | - $ 8,059 PLUS Loan
| | | = $10,684 Out-of-pocket costs per year |
Total savings (free money) over 4 years: $50,000
Sara Psychology Major
SAT: 1940 (with writing)
Considered 15 colleges nationwide, then applied to 7
Family income approximately $106,000
Older student at Cornell – parents are paying $42,779 per year Results:
| Attending Ursinus University (PA) | | Cost of attendance: | $40,650 per year | | Received: | - $20,400 Ursinus Grant | | | - $ 2,625 Subsidized Loan | | | - $ 7,500 Ursinus Loan
| | | = $10,125 Out-of-pocket costs per year |
Filed forms with Cornell again and received over $20,000 of aid for the older student Total savings (free money) over 4 years (for both students): $161,600
Morgan Psychology major
SAT: 1260 (without writing)
Initial college pick 1, Considering 15 colleges nationwide, then applied to 7.
Family income approximately $123,000 Results:
| Attending Hollins University (VA) | | Cost of attendance: | $27,500 per year | | Received: | - $10,000 Hollins Scholar | | | - $ 3,500 Stafford Loan
| | | = $14,000 Out-of-pocket costs per year |
Total savings (free money) over 4 years: $40,000
Alex Pre-med Major
SAT: 2100 (with writing)
Looked at 22 colleges nationwide, then applied to 10
Family income approximately $128,000 Results:
| Attending Syracuse University | | Cost of attendance: | $45,500 per year | | Received: | - $16,000 Syracuse Grant | | | - $ 3,500 Stafford Loan
| | | = $26,000 Out-of-pocket costs per year |
Total savings (free money) over 4 years: $64,000
Vince Health Sciences Major
SAT: 1710 (with writing)
Considering 15 colleges nationwide, then applied to 5
Family income approximately $207,000 Results:
| Attending Schreiner University (TX) | | Cost of attendance: | $27,564 per year | | Received: | - $ 6,500 Schreiner Grant | | | - $ 3,000 Equalization Grant | | | - $ 1,500 Work study | | | - $ 3,500 Stafford Loan
| | | = $12,564 Out-of-pocket costs per year |
Total savings (free money) over 4 years: $38,000
MadisonBiology Major
SAT: 1390 (without writing)
Initially considered 5 Ivy/Tier I colleges, broadened to 12 colleges nationwide,
applied to 7 colleges
Family income approximately $108,000 Results:
| Attending Vanderbilt University (TN) | | Cost of attendance: | $52,303 per year | | Received: | - $21,800 A/S Grant | | | - $ 1,479 Subsidized Loan | | | - $ 2,021 Unsubsidized Loan
| | | = $27,003 Out-of-pocket costs per year |
Total savings (free money) over 4 years: $87,200
ChrisAerospace Engineering Major
ACT: 27
Initially considered 3 colleges, applied to 6.
Family income approximately $50,000 Results:
| Attending Kent State University (OH) | | Cost of attendance: | $22,272 per year | | Received: | - $ 1,000 Kent Access Grant | | | - $ 300 Kent Book Award | | | - $ 4,410 Minority Room Grant | | | - $ 4,000 Memorial Scholarship | | | - $ 3,716 President’s Grant | | | - $3,716 University Award
| | | = $ 5,130 Out-of-pocket costs per year |
Total savings (free money) over 4 years: $68,568
EricaMass Communications Major
SAT: 1860 (with writing)
Family income approximately $160,000 Results:
| Attending Catholic University of America | | Cost of attendance: | $45,872 per year | | Received: | - $ 3,000 Parish Scholarship | | | - $11,000 CUAS Scholarship | | | - $ 3,500 Federal Unsubsidized Stafford Loan
| | | = $28,372 Out-of-pocket costs per year |
Total savings (free money) over 4 years: $56,000
TylerChemistry Major
SAT: 1300 (without writing)
Family income approximately $28,000 Results:
| Attending University of Florida | | Cost of attendance: | $15,740 per year | | Received: | - $ 4,731 Pell Grant | | | - $ 1,808 Florida Assistant Grant | | | - $ 200 Federal Supplemental Grant | | | - $ 4,240 Florida Academic Scholarship | | | - $ 4,011 Florida Opportunity Scholarship | | | - $ 750 National Academy Comp Grant
| | | = $ 0 Out-of-pocket costs per year |
Total savings (free money) over 4 years: $62,960
Ryan Chemical Engineering Major
SAT: 1960 (with writing)
Considered 15 colleges nationwide, then applied to 9
Family income approx $91,000 Results:
| Attending Southern Methodist University (TX) | | Cost of attendance: | $44,309 per year | | Received: | - $22,888 Hunt Scholarship | | | - $ 5,000 Honors award | | | - $ 3,500 Stafford Loan
| | | = $12,921 Out-of-pocket costs per year |
Total savings (free money) over 4 years: $111,552
DanielleGraphic Design Major
SAT: 2000 (with writing)
Family income approximately $86,000 Results:
| Attending Furman University | | Cost of attendance: | $42,439 per year | | Received: | - $12,000 Achiever Scholarship | | | - $ 5,000 Honor Scholar Award | | | - $ 3,500 Stafford Loan
| | | = $21,939 Out-of-pocket costs per year |
Total savings (free money) over 4 years: $68,000
ChristinaPre-law/Criminal Justice Major
SAT: 1440 (without writing)
Family income approximately $116,000 Results:
| Attending Stetson University | | Cost of attendance: | $42,982 per year | | Received: | - $ 3,000 Florida Resident Access Grant | | | - $ 4,026 Florida Academic Scholars | | | - $16,000 Presidential Scholarship | | | - $ 3,500 Stafford Loan | | | - $4,000 Florida Parent Plus Loan
| | | = $10,746 Out-of-pocket costs per year |
Total savings (free money) over 4 years: $92,104
JoshBusiness Major
SAT: 1710 (with writing)
Family income approximately $62,000 Results:
| Attending Guilford College | | Cost of attendance: | $17,238 per year | | Received: | - $12,000 Presidential Scholarship | | | - $ 3,500 Stafford Loan
| | | = $ 1,738 Out-of-pocket costs per year |
Total savings (free money) over 4 years: $48,000
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Results
