Deducted from bonds payable Added to bonds payable Included as an expense in the year of issue Reported as a deferred charge

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I have 2 children and i've been wanting to go back to school. anyways we don't have the money. i have an appointment tomarrow and i was wondering if my husband would affect my financial aid. he made 40,000 last year. i know it's not much, especially 4 people living off it, so if anyone knows about this kind of stuff thanks!

Yes, they will look at the entire household income, and the whole family size. There are FAFSA calculators on the web that you can plug your numbers into and get an estimate of what your estimated family contribution will be. This is assuming you do not already have a four-year degree. You will need his gross income, any amount that was deferred into a retirement plan, how much you paid in taxes, and your total nonretirement assets.

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I applied for a financial aid appeal for $5,000 to a private university that costs about $40,000 a year. we had lost our home and also my mom had lost her job ( she was finally able to find one) i have tried all my other options. i also am an out-of-state student. i am going to be a teacher. im just wondering has anyone filed one of these and what do you think my chances are of getting the aid.

Weather you get it or not depends exactly on what you are appealing and what exactly you are being offered in aid. Choosing an expensive private school hurts you because federal loan limits are fixed (regardless of the cost of the school) and can not be increased (fed regulations) no matter what. The max a dependent freshman can borrow in federal Stafford loans is 5,500 a year. If your school is already offering the most they can to you in federal loans and federal parent PLUS loans then there is not much the school can do. You can try taking out private student loans (which will require you to have a cosigner) but if Mom doesn't have a job and her finances are bad then you/she isn't going to be a very good cosigner for you and your private loan will not be approved. My opinion: Private schools are appropriate only for those who can afford it. If you are having a hard time getting the money now... remember you will be in the same boat next year, and the following year and the year after that. Most folks don't think that far ahead and go to a private school for one year and then end up having to come home to the local school. They could have paid for a 4 year degree for that one first year at a private school they really couldn't afford. 40,000 X 4 years = 160,000 wow... when I graduated with my MASTERS degree I owed 22K total for all 6 years!!! If you are borrowing all this, be sure you can afford the payments of well over 1,500 a month with a degree you are earning and not have to live in your parents garage to do it.

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Is a $5,000 tuition usually factoring in average financial aid? when others say $40,000, are they counting for a four-year program? what is the average price difference between public and private schools? i'm fifteen; i don't understand these things.

You should.... Since you are willing to pay $100 for a pair of designer jeans when you could get the same fabric and cut and pay just $20 at Walmart. Not much difference in colleges... the more prestigious the name... the more you will pay in tuition.

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I was wondering about how much financial aid am i eligible for. i want to get in to a good school (emory). the tuition there is about, 35000/year, and since i live in driving distance i dont have to worry about room and board. i am of asian descent. my parents (married) have a combined income of 40,000/year and there are 6 people in my household. i will be the only one attending college of my siblings, and be the first in my family to attend. my parents have paid off the hous, valued at 250k. i am a senior and have gotten all a's in highschool (4.0 gpa). i am taking 2 ap classes (english 4, and euro. history) 2 honors (trig. and physics), and 2 regular (human anatomy, and intro. to engineering). i have not taken the sat/act, but plan to next month. from my psat, i expect my scores to e about: math: 750 reading: 680 writing: 650 so of the 35,000$ tuition, how much do you think financial aid might cover?

No one here can really gage what kind of aid you might get - especially going to a private school. Your EFC (Expected Family Contribution, based on the FAFSA - www.fafsa.ed.gov) probably won't be all that high, but will be high enough that you probably won't be eligible for the Pell Grant. If you are a Georgia resident graduating from a Georgia high school, then with your grades you should be able to get a HOPE scholarship. It won't cover the tuition and fees like it does at public school, but you may get up to $3000 per year going to Emory. In addition, you should check out the links below for outside scholarship information. College Board Homepage www.collegeboard.org FastWEB www.fastweb.com Free Scholarship Search www.freschinfo.com Gates Millennium Scholars Program www.gmsp.org It would be best to talk to a financial aid officer at Emory to get a gage of what types of financial aid they award and what kind of help you may receive (in addition to see if you have to complete the CSS as well as the FAFSA). Usually private schools have a lot more financial aid to offer than public schools. Good luck!

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I'm a junior in high school and i want to go to smu. its costs about $40,000 a year. there is no way my parents can pay all of that. financial aid is so confusing to me. how much does a college offer in financail aid? and what about grants? how does someone go about getting one? please help! thanks!

Be prepared to borrow and always have a few fall back schools. Here is an example of a college "Award Letter"; from SMU's website. Maybe that will help. Apply for scholarships early... start looking now. SMU's merit scholarship deadlines for this years seniors was Jan 15th. Very early.. good luck.

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I wanna know why my peers get more finamcial aid (not scholarships) then i do when my dad only makes 40,000 dollars a year and their parents make 100,000+ combined im talking pell grants and subsidized loans i think i am filed as independent i pay everything myself phone car insurance and rent

Their families can probably arrange with a bank or loan company to have a loan financed. Probably you weren't, but just in case you were, if you went to Head Start when you were pre-elementary school, you should contact your local Head Start program and see if they have scholarships you can apply for. If you're eligible (cause you went when you were a kid), it could help pay for books or a class...worth checking into and you wouldn't have to pay them back for the scholarship. (I had 2 kids and only had an income of $40,000 or less...definitely my kids weren't from a "financially well off" family huh.) Best of luck! Remember...don't give up!

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I know everyone says the only way to pay for college is through loans, but i do know that there are some schools that offer outstanding financial aid. for example, i know harvard gives full tuition to students whose families make under $40,000 a year. which other schools offer full tuition for families with a limited income? other schools that offer a great financial aid package?

Why not try a cummunity college? Go to the school conselor and work something out. They will work with you to insure you the financial aid you deserve to get a good education. Think about like this, even if you do settle for a loan once your education you can find a job with a big pay check then pay it off!

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I am currently 7 months pregnant with my first child and i am interested in going back to school next fall (2010-2011 school year). my husband and i file our taxes jointly and will have made roughly $40,000 in 2009. i turn 25 in december. i know that you receive more in financial aid once you've reached 25, and also that you can get more once you have a dependent. can anyone shed some light on this for me? how much help will i receive? thanks in advance. ten points go to the best answer!

Lets go over some assumptions you have about financial aid that are a bit.... misconstrued. 1. You get more aid by turning 25. I'm sure this is an assumption that is tied to dependency status. 24 is the age that many students do not have to report the folks income any longer because they are not considered dependent. However, there are other qualifications that makes a person independent as well... like being married. So that assumption doesn't really apply to you. You are already independent because you are married. Also, saying you get more "financial aid" simply means you get to BORROW more money as an independent student. The amount of grants (free) is the same for independent vs independent students. 2 You get more money if you have a dependent. This is simply not true. Again, the amount of free grants you get is the same no matter if your are a dependent or independent student and you don't get MORE for having kids necessarily. Lots of folks have kids and still don't qualify for the free grant money. The amount you are allowed to borrow is also capped. Without you doing a fafsa application, there is no way to know if you qualify for the free money. But I can say you will qualify for a federal Stafford loan. If you are classified as a freshman, you will be able to borrow up to 7,500 a year in what is called a federal Stafford loan. It's a bit early to fill out the fafsa for the fall of 2010. You would need to wait until you do your 2009 income tax returns and the application will not be available on line until Jan 1 2010. If you want to get an estimate of your EFC, you can go to the fafsa4caster website and do a projection. http://www.fafsa4caster.ed.gov/ Or, you could just do a fafsa for this year and see what it estimates you get and what your EFC number is. http://fafsa.ed.gov You don't HAVE to go to school just because you fill out a fafsa application and it will tell you instantly if you qualify for the Pell grant if you were to go to school this year. (be sure you include the new baby on the application). Pull out your 2008 income tax return and use the info for it.

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I'm thinking about going to a 4 year university, and a friend of mine is currently $40,000 in debt through student loans. i don't want to end up with that kind of debt, but i also want to better myself and further my education. what is the best solution? is it possible to get a goverment grant to cover a large portion of the bill?

School can be affordable, and, if you don't make more than a certain amount, you might be able to get grants. Go to fafsa.ed.gov and check to find out what your EFC is. Put in a few schools you are interested in and see what happens. Some schools allow you to work full time while you go to school. At least with student loan debt it is really and investment in yourself, rather than a car which loses value! To save money look at tuition PLUS fees to find out how much it costs to go to a school. Some public schools are more expensive than private schools, when all is added up. If you want, you might do a year at a community college, check where they have articulation agreements so you can transfer credits, and then go to a school which allows you to earn credits through CLEP or DANTES exams. If you've worked at a place such as McDOnalds even, check to see if the school you are interested in accepts ACE transcribed credits (www.acenet.edu). Good luck!

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I am 40 and i make $40,000 a year in new york city. i have no dependants and i don't own a home.

Anyone can get financial aid regardless of age or income in the form of federal student loans. You will likely qualify for Unsubsidized Stafford loans. If you will be classified as a freshman, you should be able to borrow up to 7,500 per year if you attend full time. Here is more on the terms and interest rates.