Quote:
Originally Posted by coa787  For you guys that are paying with loans, is it possible to pay for everything with loans; flight training, room and board, miscellaneous college stuff? |
Yes it is possible.
You will need to apply for financial aid using FAFSA (free application for federal student aid).
http://www.fafsa.ed.gov/
The government will estimate your family's expected contribution. The more money/assets your parents have, more they will expect your parents to help. The government will provide you with either grants, waivers, or federal loans based on your need.
UND will need to calculate your estimated cost of attendance. Whatever grants/waivers/federal loans don't cover, you can cover using private student loans (higher interest rates) but most loans don't need to be paid back until 6 months (or so) after graduation. UND has to certify the loan amount to ensure you are not going over your estimated cost of attendance.
Just a side note... if you are culturally diverse (basically if you are not white) or if you are socio-economically disadvantaged, you can apply for the Cultural Diversity Tuition Waiver. It will basically waive tuition expenses in the amount of the North Dakota in-state tuition (if you are out of state, you have to pay the rest). There are some semester requirements for this, but it is not a whole lot (must maintain a 2.5 GPA, meet with advisors every semester, etc.).
If you qualify for this, send in the application soon as the priority deadline has passed, I think.