Facing The Dilemma of School Away From Home Next Year : Need Advice Please

[UnatcoAgent]

Ok guys here is the deal. I was recently given early admissions to a university in Toronto. I live in Ottawa and was planning on going locally, not really considering acceptance but to my surprise I was! Anyways I have estimated, with the help of a friend who goes there, that it will cost me roughly $15,000 a year to attend - this includes everything, res, tuition, supplies etc. If this is the case I should have the first year covered, I have nearly 12 thousand saved and should be getting 4 thousand in entrance scholarships. So this is all well and good but what about the next year after?

Now I have been told to worry about it year by year but of course I'd like to think ahead now a bit. I will of course take student loans and work during the 4 months next summer but I doubt that will give me $15,000, maybe 12 or so. How do you think I should go about doing this? Should I just worry about it when the time comes, I'm sure I will be getting inheritance over the next few years for a substantial amount (sad fact but I know its true don't flame me) and help from the family.

If I go it will mean a very good future financially for me (hopefully) doing the things I love to do, and I can always pay back loans of massive amounts later in life I suppose.

Any advice is appreciated guys!

 

[agnitrate]

Massive loans are the only way I'm going to make it through.

-silver

 

[shopbruin]

if its a good school i'd say go for it. you can always take out loans. the next year, is there any sort of financial aid you can apply for in canada? (i don't know their system)

also while you're in school keep working hard and visit your scholarship center and apply for those for extra money. get a part time job to pay for little expenses you'll incur and try to save up some that also.

 

[GermyBoy]

Originally posted by: agnitrate
Massive loans are the only way I'm going to make it through. -germyboy

 

[UnatcoAgent]

Hmm yes I suppose loans are the way, I don't know if I will have time for a part time job.

 

[guapo337]

financial aid?

 

[nater]

I'm getting paid to go to college....good school too...

 

[Codewiz]

Student loans are not bad to have. The interest rates are so low it will is the best loan you will probably ever have. No reason not to take the loans. I worked and used loans to get through school.

 

[yobarman]

Originally posted by: GermyBoy

Originally posted by: agnitrate
Massive loans are the only way I'm going to make it through. -germyboy

werd. did you fill out the FAFSA or FAVSa or whatever

 

[aphex]

Originally posted by: nater
I'm getting paid to go to college....good school too...

As am I

$2000 a semester in my pocket

 

[Yossarian]

Go to the best school you can possibly afford. Education is one of the few things it's worth going into debt over.

 

[UnatcoAgent]

Originally posted by: aphex

Originally posted by: nater
I'm getting paid to go to college....good school too...

As am I

$2000 a semester in my pocket

Hey that helps me!

 

[Soybomb]

Theres no reason you shouldn't be able to do a part time job.

 

[Martin]

Some advice from someone in UofT:

-If you're planning to go into engineering, its definately worth it seeing as how UofT is one of the top eng. schools in Canada and north america. The St. George Campus is a great place, its close to everything, right in the middle of downtown.
-If you're planning to go into Arts and Science...I'd stick with Ottawa. I've heard Carleton is a nice university and the university you attend doesn't really matter if when you're an artise...

If you do decide to come, I would also suggest going into either Innis Residence (best one) or Woodsworth (they are building a brand new 15 story building on the corner of St. George and Bloors, looks like it'll be the best one next year).