I hear this a few times. Kids get into the school they really want to go to but their parents can’t/won’t help with their finances. I commend parents who do struggle to help their kids with college finances. My intention with this article is not to put down parents who don’t go that route. Instead, my intention is to address an issue many college students face.
First, you can go to the financial aid office and beg and plead all you want, but it won’t change the numbers they use. It isn’t just an individual university’s decision, but a federal decision to ALWAYS include the parent’s household income into the expected contribution. If you don’t like this, I suggest going out and voting. But that’s a different matter.
It really comes down to a personal decision — are you willing to take out loans for this particular university? If you do take out loans, no matter how much debt you’re in, you can VERY LIKELY pay it off after graduation. It’s just a matter of time, but, consider that time might be well into more than ten years.
Also, get a job. Even better is if you get jobs that help you in your field later on. Personally, I worked three different jobs during my undergrad (research assistant, TA, and in the dining hall). Yes, it’s difficult to manage that and give it your all in every class you take, but that’s part of college’s financial burden (again, if you don’t like it, go out and vote). A big part of college is time management, so if you get a job, you’re just honing that skill even further.
If your parents won’t fill out the FAFSA:
Try reminding them that having them fill out the form in no way obligates them to contribute to your college education. Tell them they’re genuinely screwing you over by not filling it out. Bug your financial aid office to bug your parents. A lot of parents are worried about privacy. Which, I’d seriously consider pressing the issue. I once (mostly jokingly) told a girl to consider if her parents were into tax evasion…she took me rather seriously and turned her parents into the IRS. It ended up paying for her education, go figure.
If all else fails, The Higher Education Opportunity Act of 2008 has allowed for unsubsidized stafford loans which are not need-based. Yes, the interest rates are disgusting (did I mention voting?).
Other Problems:
A lot of times, parents use a sort of “bargaining” plan with their kids because they don’t approve of something. Two incredibly common situations I saw during college:
1. My parents don’t approve of whom I’m dating, so they won’t help pay.
2. My parents don’t approve of my major, so they won’t help pay.
3. Step-parents won’t help me.
My advice:
1. Lie
2. Suck it up and take the loans. It’s YOUR major and YOUR education. Don’t let them influence you just because of money. Not worth it at all in the end.
3. Sorry, I have no advice other than taking out loans in this situation. The federal government definitely includes their income and assets in their calculations. Maybe try persuading them further through your biological parent?
No matter the situation, I don’t think you should use the “my parent’s can’t/won’t pay for my college” as an excuse not to go to college. Even if it means working for a little while and saving up. Or an unfathomable amount in loans. The cost of a college experience is eventually priceless.