|
Tuition Health/Computer Fees Books/Supplies Room/Board Personal Transportation Cost of Attendance |
$10,228 $212 $820 $5,220 $2,570 $730 $19,780 |
The total direct cost (tuition, room and board, etc.) of one year’s education. Your school may also include indirect costs (books, fees, transportation, personal expenses, etc.). This example includes both.
COA-EFC=Financial Need
|
Total Cost of Attendance Federal Student Contribution Federal Parent Contribution Financial Need |
$19,780 -$632 -$115 $19,033 |
Amount per year parents and students are expected to pay, determined by the FAFSA results
Financial Aid
Direct Stafford/Ford Loan
Direct PLUS (Parent) Loans
Total Financial Aid Package Offered (grants and loans)=
Fall Spring Total
$814 $814 $1,628
Total Federal Pell Grants= $1,628
$2,750 $2,750 $5,550
$5,952 $5,952 $11,905
Total Federal Student Loans=$17,405
$19,033
The award is broken down into grants and loans. This student’s award consists of: Federal Pell Grant (free money) Federal Stafford Loan (student repays). Federal PLUS Loan (parent repays).
COA
-EFC
-Financial Aid
Unmet Need
|
Cost of Attendance -EFC -Total Awarded Financial Aid Unmet need |
$19,780 -$747 -$19,033 $0 |
Is the COA minus the EFC and total Aid. Our example indicated that the financial aid matches the student’s need, so the unmet need is $0.
