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