T
TwistedxKiss
Guest
My EFC is $16,000 and my school estimates its costs (including room and board) at $25,000. If I commute I will only owe the school about $15,500-- so no federal aid, but with gas, car insurance, and a parking permit my expenses still go over $16,000. My parents are still deciding if they are willing to cosign a loan for that much or take out any amount in a PLUS loan, and my mom told me it would be cheaper on her and my dad if I commuted. I told my mom that because of what I explained, at least in terms of how much money we are responsible for (as opposed to what the government will help me with), it's about the same cost, but slightly cheaper not to commute. Does this make sense?
These are the calculations I did:
$20/week x 4/month x 9/year (roughly)
=$720 in gas, just for commuting to school.
Permit: $70
Tuition: $12,439
Books and supplies: $1048
Personal and Misc: $2054
(estimated costs from school's website)
=$15,541
+ $720 gas
+ $70 parking
=$16,331
And if anything I feel like that number could go up much more if gas prices go up again, or for extra trips to school for tutoring/study groups/library usage/etc.
These are the calculations I did:
$20/week x 4/month x 9/year (roughly)
=$720 in gas, just for commuting to school.
Permit: $70
Tuition: $12,439
Books and supplies: $1048
Personal and Misc: $2054
(estimated costs from school's website)
=$15,541
+ $720 gas
+ $70 parking
=$16,331
And if anything I feel like that number could go up much more if gas prices go up again, or for extra trips to school for tutoring/study groups/library usage/etc.