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Just got rid of one

 
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Bingo
Team Captain


Joined: 27 Jul 2005
Posts: 1977


Location: Canal Winchester

PostPosted: Sun Jun 07, 2009 2:04 pm    Post subject: Just got rid of one Reply with quote

Well the oldest kid just graduated high school today. Now the bad part is the cost of going to college. WOW!! Glad he got some academic money to go to the school he wants to go to. But still 11,000 a year....ouch... Shocked
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Dirdy
Delta Squad Member


Joined: 15 Jun 2006
Posts: 1769


Location: Hilliard, OH

PostPosted: Sun Jun 07, 2009 8:08 pm    Post subject: Reply with quote

I love never hearing my parents complain about paying for my college.....cheaper than my High School lol.

We will see what they say once i transfer though for my bachleors ha.
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Zoo
Delta Squad Member


Joined: 10 Jul 2007
Posts: 337


Location: Columbus, OH

PostPosted: Mon Jun 08, 2009 5:58 am    Post subject: Reply with quote

Congratulations Bingo!
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Bingo
Team Captain


Joined: 27 Jul 2005
Posts: 1977


Location: Canal Winchester

PostPosted: Mon Jun 08, 2009 1:38 pm    Post subject: Reply with quote

Thanks Zoo....Dirdy break the news then duck Laughing
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Sunshine
Delta Squad Member


Joined: 17 Jul 2006
Posts: 303


Location: Whitehall, Ohio

PostPosted: Tue Jun 09, 2009 12:23 am    Post subject: Reply with quote

haha yea bingo but think when he graduates college he gets all that in his lap. i just walked into $20000 of debt. happy graduation to me!!!!
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theJUDGE
Delta Squad Member


Joined: 11 Jul 2006
Posts: 850


Location: Gahanna, OH

PostPosted: Tue Jun 09, 2009 9:04 am    Post subject: Reply with quote

congrats... you could do what my parents did and give them a certain amount that they have to help pay per year. i paid 5000 a year instead of having to pay back loans afterwards.  To top it off the 5000 went towards loans that were taken for academics that I never had to see.  in the end it boosted my credit and i never really had to worry about anything.
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Bingo
Team Captain


Joined: 27 Jul 2005
Posts: 1977


Location: Canal Winchester

PostPosted: Wed Jun 10, 2009 7:03 am    Post subject: Reply with quote

yea he has to do the loan thing. i can't swing another 950.00 a month./ But we are goingt to pay on the interest so that will help keep it down some.

We are also encouraging him to try for the resident assitant on campus and get paid for the room and board. My wife and I did it in college and got a room to ourselves also.

He plans to play soccer there as he likes the coach and try for the engeneering degree.
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Wings
Delta Squad Member


Joined: 11 Aug 2008
Posts: 119


Location: Circleville Ohio

PostPosted: Mon Jun 15, 2009 7:53 am    Post subject: Reply with quote

11,000 a year is not bad at all.  I pay close to 20,000 a year after books etc.  He's lucky you guys are helping pay, my parents kicked me out and wished me best on paying for it on my own.  Which I am still doing.

Make sure he does his FAFSA and puts the lowest possible LEGAL values on it.  The less money you guys make, the more money he gets.  The government is giving a lot of money in grants now, and in federal loans (which are usually fixed at 6% apr) since most private companies (IE Sallie Mae) and the big wigs have almost completely shut off all decent private loan funding.

I am getting about $3,000 from a Pell grant I will never have to pay back a semester.  Thats $9,000 a year (3 semesters in my year round schooling).  So your son will only have to have $3,000 in federal subsidized and unsubsidized loans depending on how many semesters he has.

Definitely do some research.  There are a lot of ways to get free money if you look.  Also have him talk to a GOOD loan officer at his school.  I have met some that have their thumbs up their asses and they don't help at all.

What school is he going to? Laughing  Laughing  Laughing  Shocked  Crying or Very sad
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Bingo
Team Captain


Joined: 27 Jul 2005
Posts: 1977


Location: Canal Winchester

PostPosted: Tue Jun 16, 2009 10:57 am    Post subject: Reply with quote

Wings

Thanks for the suggestions....we did it all and can not qualify for anymore loans amount then he has gotten already. It sucks but he got most of the money 12000 in scholarship money based on his grades and taking the placement test with them.

He knows we are going to have to have him do the loans thing and we will pay the interest to keep it racking up in him. Hopefully we can get the books paid for him also.  Razz
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Wings
Delta Squad Member


Joined: 11 Aug 2008
Posts: 119


Location: Circleville Ohio

PostPosted: Tue Jun 16, 2009 12:25 pm    Post subject: Reply with quote

Awesome =)

Good luck


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