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Financial aid: Not applying could be a terrible mistake

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Posted: Friday, February 15, 2008 10:00 pm

Melissa Levy, 17, was stoked when she found out she won a $10,000 scholarship to University of the Pacific earlier this month in honor of her success as an Academic Decathlete.

Pair that up with the $10,000 she would have gotten anyway for participating in the Academic Decathlon, and the Lodi High senior thought she could afford to go to school.

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Welcome to the discussion.

8 comments:

  • posted at 4:57 am on Tue, Feb 19, 2008.

    Posts:

    I'd like to provide two points of clarification regarding the financial aid article printed on Feb. 16th. The financial aid office - not the bank - uses the FAFSA information to calculate the student's loan eligibility. The FAFSA is also required to determine a student's eligibility for the Federal Work Study program. This program provides opportunities for students to earn money to help pay for school expenses. As your article clearly points out, students planning to attend college should complete the FAFSA. The application is required by colleges and universities for the awarding of federal and state aid.

     
  • posted at 3:47 am on Mon, Feb 18, 2008.

    Posts:

    One correction - the student would not have received two scholarships for Academic Decathlon. One would have been from Pacific based on academic merit; the other from Aca Dec participation. University policy is that only one merit-based scholarship will be awarded per student.

     
  • posted at 2:09 pm on Sat, Feb 16, 2008.

    Posts:

    oops.... before earning a B.S. from one of the top state universities. I never felt like I was at a disadvantage because I attended a JC.

     
  • posted at 2:07 pm on Sat, Feb 16, 2008.

    Posts:

    T&C, funny you mention Delta. Money Guru-ette Susie Orman was on Oprah the other day. She said why waste $30-60K for two years of college when the USA has a great Junior College system. I see her point, and took advantage of SJDC myself some 30yrs ago earning an AA.

     
  • posted at 7:07 am on Sat, Feb 16, 2008.

    Posts:

    Melissa, you can go to Delta College when they finish putting up those beautiful trailers there on Victor Road, next to the new super Walmart store. For 10 grand you can go for 8 or 10 years. LOL

     
  • posted at 3:27 am on Sat, Feb 16, 2008.

    Posts:

    Listen to Becky kids. She won't let anything stand in her way. Not even a Stop-Sign :)

     
  • posted at 3:03 am on Sat, Feb 16, 2008.

    Posts:

    Watch those scholarships. Many are for one year. So even if you can cover the costs in year 1, what about years 2, 3, 4 or even 5? College is really out of reach for so many, despite what the "advisors" tell you.

     
  • posted at 2:53 am on Sat, Feb 16, 2008.

    Posts:

    I intend to become good friends with Becky the next few years so I can afford to send my kids immediately to a 4yr university.

     
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