Name:FrankLam

Major:Finance/Accounting
WillingnesstotakeoutStudentLoans/FinancialAid(ifnecessary):
Realistically,IwillhavetopayforitallmyselfduetothefactthatIdontqualifyforaid.
ImnottrulywillingtotakeoutaloantogotoschoolconsideringthefactthatIthinkI
canpayforitonmyown.IknowthatfrommyownsavingsIcanprobablycoverabout
oneyeartuitionandlivingexpensesataprivateschool.Ijusthavetohopethatmyfamily
isabletohelpoffsettheotheryearIwouldbeaway.OnlycaseIwouldconsideraloanof
anykindisattendingGeorgetown.
Iaminterestedin:
1.GeorgetownUniversity
2.UniversityofMichiganAnnArbor
3.UniversityofWisconsinMadison
4.UniversityofNorthCarolinaChapelHill
5.UniversityofFlorida
School:GeorgetownUniversity

Rank:1st

InStateTuition:$48,611
OutofStateTuition:$48,611
RequiredStudentFees:$2,586
Room&Board:$15,160
Percentageneeded:Outofatotalof$66,357Iwouldrealisticallyhavetobegmyfather
tohelpmefinanceoneyear,ifIamunabletogetenoughmoneytocovertheremaining
fees.ThecareerthatIseektogetinto(InvestmentBanking)wouldhoweverallowmeto
quicklypaybackthatmoneytowhicheverpartydoesenduphelpingcovermycosts,
whetheritismyfamilyorthroughaloan.Percentageneeded:6070%ofcostfortwo
years.
School:UniversityofMichiganAnnArbor

Rank:2nd

InStateTuition:$15,602
OutofStateTuition:$46,528
RequiredStudentFees:$2,354
Room&Board:$14,248
Percentageneeded:1styeartuition:$46,5282ndyeartuition:$15,602.Whileitseems
likeaviableoptiontogotoAnnArbor,thecostofattendancethefirstyearasanoutof
statestudentishigh.Thankfully,Iknowthatthroughmysavingsthatcanbecoveredand
Icanpossiblymakethemoneyforthesecondyearsimply.Michiganrankshighlywithin
thebusinessworldanditseemstrulylikeanoptionformyeducationspeciallyifIwere

abletogetascholarshiptooffsetthecostsofattendingtheuniversityinmyfirstyear.
Approx.Percentageneeded:30%ofcostfortwoyears.
School:UniversityofWisconsinMadison

Rank:3rd

InStateTuition:$10,415.76
OutofStateTuition:$29,665.44
RequiredStudentFees:$2,402.00
Room&Board:$9,688.00
Percentageneeded:Aswiththecaseabove,IconsiderMadisonaviableoptionandata
muchcheaperratethanMichiganaswell.TheissuewithMadisonisthatunlessthefirst
yearoutofstatetuitionisntveryattractive.Ifthereweresomepossibletoacquirea
scholarshipthenIwouldconsideritveryhardtopassupontheopportunity,speciallyif
thereisawaytopayitoff.Percentageneeded:20%ofcostfortwoyears.
School:UniversityofNorthCarolinaChapelHill

Rank:4th

InStateTuition:$8,562
OutofStateTuition:$33,644
RequiredStudentFees:$1,448
Room&Board:$12000
Percentageneeded:NorthCarolinaseemslikethemostrealisticoutofallthechoices
thatIhave.Notonlyistheirprogramamazingbutalsoitseemsliketheperfecttransition
intothebusinessworld.KenanFlaglerSchoolofBusinessissaidtobeoneofthebest
ReturnonInvestmentsregardingbusinessschools.Thisoptioncouldjumptomynumber
onechoiceifIamabletofindawaytosupportmyselfforthefirstyearwiththeoutof
statetuitionfees.Percentageneeded:20%ofcostfortwoyears.
School:UniversityofFlorida

Rank:5th

InStateTuition:$6,310
OutofStateTuition:$28588
RequiredStudentFees:
Room&Board:$12000
Percentageneeded:ThentheresFlorida.DoctorCarySerwouldbeextremelyhappyif
IchosetocontinuemyeducationinFlorida(evenwhenhepushesmetobecomea
Hoya).Realistically,allIhavetodoisapplyandImin.Idontconsideritasafetynet
butIdobelievethatIcouldeasilypayitoffandwouldliveasimilarlifestyletowhatIm
livingnow.IjustreallydontwanttoendinGainesville,Imabiggercityperson.
Percentageneeded:0%ofcostfortwoyears.