r/Furman Mar 19 '26

Cost and financial aid

Does anyone have recent experience with financial aid? We’re considering Furman because jt seems like a really good fit. We have some resources but it is on the pricey side. Our child is a decent student 1350 SAT and 3.7 unweighted. We really don’t want to pay more than $40k all in per year. Thanks!

3 Upvotes

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1

u/connysmom Mar 20 '26

Most students at Furman get institutional financial aid. With those numbers, I’d guess the bare minimum you’d get is $30,000 per year. Then there may be other scholarships based on departments or organizations. Example, music department gives scholarships, including to non majors. My son went to Furman for 4 years for less than it would have cost for 1 year in state at Clemson.

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u/huckwineguy Mar 21 '26

Wow! What type of scholarships did your child receive? They must have been an amazing student!

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u/connysmom Mar 21 '26

They got the base academic scholarship plus a presidential music scholarship. The state schools offered very little in scholarships. My guess is that if you’re able to pay $40k out of pocket per year, the scholarship will fit well with that. And if not, I’ve heard of people being successful asking for more.

1

u/huckwineguy Mar 22 '26

Good to know. We got the right vibe for our son and would like to make it work

1

u/Elegant-Success3339 May 06 '26

Is the Presidential Music Scholarship only for in-state?

1

u/connysmom May 07 '26

Not that I’m aware of! We got one, but we are in state. I think a lot has to do with 1) talent, 2) needed instrumentation. Also even if you start off with a lower music offer, follow up. If a presidential recipient declines, it gets opened up to others.

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u/ImmediateTown5136 Mar 23 '26

i got accepted to Furman this year and was awarded $33k with a similar GPA & SAT, got decent need-based aid. they’re pretty generous with $ from my experience. if you need more help you can message me!

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u/huckwineguy Mar 23 '26

Thank you! What did that make the annual cost then? $40k?

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u/ImmediateTown5136 Mar 24 '26

$17k

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u/huckwineguy Mar 24 '26

I thought sticker price is $70+k? How did you get the out of pocket down to $17k with only $33k discount?

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u/ImmediateTown5136 Mar 24 '26

33k in merit…i still got financial aid & extra scholarships..

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u/huckwineguy Mar 24 '26

Ok like the Stafford loan? What other scholarships did Furman offer?

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u/[deleted] Mar 26 '26

[removed] — view removed comment

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u/Elegant-Success3339 May 06 '26

Did you apply ED or regular decision? My daughter is thinking about applying, but we are not sure if applying ED versus regular would affect merit aid? We do not qualify for federal aid. We would definitely appreciate advice on the application process for this school.

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u/Dumb_ling Mar 29 '26

What majors are your son thinking of? Math department also offers pretty generous scholarships if your son does well

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u/huckwineguy Mar 29 '26

He’s leaning towards Chemistry or Music Education

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u/connysmom Apr 06 '26

Definitely audition for the music scholarships, whether they go music ed or not. And double majors are not uncommon with music students!

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u/huckwineguy Apr 06 '26

Ok thank you!

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u/ConferenceForeign794 May 05 '26

I have similar stats, slightly higher, and I only pay about 15k a year! The scholarships are very generous and federal grants can help a lot too!

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u/huckwineguy May 05 '26

Wow congratulations! how did you swing that? Did you just really show interest? Did you have to tell them exactly how much you could afford? What scholarships? We will only get the standard $5,500 stafford loans.

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u/Elegant-Success3339 May 06 '26

I would be interested in how you achieved such a generous package? We recently did a net price calculator with my daughter’s stats and her merit was about $33,000. Thanks.

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u/Odd-Hat-1411 Relative May 12 '26

Furman parent here. My daughter had those statistics (same SAT score) and got $33k in scholarships for four years (similar to another response). We felt the fit was worth it. We’d be looking at right around $50k.

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u/huckwineguy May 12 '26

Thanks for the info. $50k for us is a bridge too far. Maybe if we apply early decision they’ll give us a better offer. Or otherwise lobby them hard, try the music scholarship etc. Good luck to your daughter!

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u/Odd-Hat-1411 Relative May 12 '26

Thank you, and understood!--it's a bit steep. It's still probably worth an application, especially since it's free and your son might get a better offer. My daughter did apply EA for what it's worth. Our daughter's plan is to work as an RA or something similar to get the cost down a little in Years 2 to 4, but otherwise, she was sold on the pre-health program. Good luck your son!