Help - Search - Members - Calendar
Full Version: Financial help for school
VisaJourney.com > General Discussion Area > Moving Here and Your New Life In America

beetee4ever
Hi all,

hope you can help me out with this one, or share with me if you have any experience.

I have a few question regarding financial help with schools. ( I'm the immigrant and just came to the US.) At this moment, I was thinking about going to beautyschool part time, but the fee's are very costly. They do offer financial help for anyone that qualifies, and I was wondering if I qualify for the help based on mine and husbands income - will the signed I-864 have any affect on the outcome, since we had a co-sponsor (his dad) sign it ??

Does anyone know helpsmilie.gif
Veiled Princess
I hope someone answers this... I too would like to know if the immigrant spouse would be elligible for financial aid or if it would be considered a means tested whatever it's called...
Alex+R
Me too. My boyfriend wants to finish school as soon as he is considered a resident (which I think means greencard) but I'm going to be getting my master's degree starting in August... We could use some $$ from fin aid for that
Nikita2Charles
Financial Aid is an investment, there was a thread about this in here awhile back. There are different kind of grant that are out there PELL, TAP and others to help the financial burden of studying. IT's all based on your income and in this case you and your partner as long as both of you meet the guideline it's fair game, It's different then PUBLIC ASSISTANCE< FOOD STAMP or someone trying to get Social security benefits.

Look at it this way

Let say $10 an hour just a little bit over minimum wage, t hat gives you $20,800 a year

Here's the interesting part
28% Tax Bracket
Uncle SAM get $5824

You get let say $20,000 financial aid over the course of study.
so that's about $5,000 a year

Now with a college degree or the course you take, your earning potential increase, every year so instead of $10, now you are earning $15hr
so that's 31,200 a year
Uncle Sam cut
$8,736 so almost $9,000 a year

So after 3 years of earning, the IRS and uncle already got the money they invested into your education, and as your salary increases over the years so does your taxes in the end
IT"S AN INVESTMENT uncle sam is making on you, there's no seach thing AS FREE MONEY

Veiled Princess
That's great news because here in SC EVERY resident is eligible for the lottery money no matter how high your income dancin5hr.gif
mawilson
QUOTE(Alex+R @ Nov 1 2006, 08:26 PM) *

I'm going to be getting my master's degree starting in August...

Really? Have you decided where yet?
beetee4ever
QUOTE
Financial Aid is an investment, there was a thread about this in here awhile back. There are different kind of grant that are out there PELL, TAP and others to help the financial burden of studying. IT's all based on your income and in this case you and your partner as long as both of you meet the guideline it's fair game, It's different then PUBLIC ASSISTANCE< FOOD STAMP or someone trying to get Social security benefits


Thanks for the reply. I guess it means that it wont affect the co-signer of the I-864 affidavit of support, since it's not a public assistance smile.gif That's great to hear .... otherwise, my co-signer would be very mad at me, if they went after him later on and demanded the money back whistling.gif

This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.
Invision Power Board © 2001-2008 Invision Power Services, Inc.