Friday, October 6, 2006

Bwah-hah-hah-hah!

That, my friends, is the sound of, quite possibly the biggest laugh I have had in a LOOOOOOOOONG time!

Now, I'm sitting here dribbling my lip with my finger like a loony-toon.

You see, I just did the FAFSA so that I could (really and truly this time!) apply for the MPA program at UCD.

And, after all is said and done, the federal formula, applied to our 100% of the AMI level income, 4 people - one of which is soon to be a student - household, the feds determine thru their asinine formula, that my EFC (expected family contribution) to this academic endeavor is..........................


DRUMROLL please....................................


$12,564/year!


Oh......my.......Heck! This is more than 1/2 my salary, as well as more than child care costs alone for a year. Now, if we were to wait until no daycare costs, this could be doable - but until then- how are they figuring this?!?!?

Since the EFC is SO much higher than tuition, that means, per my former student financial aid counseling days, that I will not qualify for any "need based" aid. Bad, unsubsidized loans, and all.


C'mon merit based scholarships for a working woman..............


****sigh****

1 comment:

  1. Holy buckets!!!! insert mouth dropping open here!

    ReplyDelete