Private College Student Loan

Will I be able to live off of college grants and loans?

I am enrolled to start college this fall, full time. I have a couple learning disabilities that made me nearly fail high school, but now I have doctor's diagnosis of my illnesses and so the college says they can help me do better now. I have worked full time for the past 3 years since I got out of high school, but really want to focus as much on school as possible as it will probably take me a lot more time than the other students to do as well as I can. My FAFSA EFC is 0, and I live in Minnesota where there are state grants available too. I've got all my paperwork in and I am really anxious to see how much money they are going to decide I get for the year. I am hoping to get enough to take a lot more credits next semester(this semester I am playing it safe with only 13, want to see how it goes first). With a Pell grant of 5500, the ACG of 750 and subsidized student loans of 3500, that makes 9750...my tuition for the year will probably be around 6000 with books if I stay around the minimum for full time enrollment(12 credits). Is it reasonable to assume that I will even get the 9750? Or will i possibly still get a considerable state grant too? I am going to community college if that helps, and I live on my own(but still have dependant status). I would like to hear from someone who has had a very similar situation as me and could tell me what they got? I can live off of 6000 a year EASY(have been making around that most of the time) so I am just wondering if I can even hope for that? I hear so many students talk about how their aid doesn't cover enough, but they have cars and other amenities I don't count on, so I am just wondering if I might be able to swing it by working 10 hrs a week or even perhaps none at all. Thank you very much, I am sure you get a lot of questions like this, but any answers to my situation would be greatly appreciated.

Public Comments

1. YES you will get the same amount as other people with the EFC score of 0 it dont matter where you live
2. Yes, but I suggest getting a job so you just don't run out of money. 6000 only lasts for so long, especially when you are paying rent, car payments, groceries, etc. With full time enrollment, you will get the amount of money rewarded. It's only if you drop classes or do half-time that they adjusted your financial aid.