step1: eligibility
  step1b: status review
  step1c: EFC formula
  step1d: cost analysis
  step2: submit forms
  step3: process SAR
  step4: get award letter
  step5: view aid options
  step6: manage funds
 
Hit "Apply Now" to apply for Stafford, PLUS, Private, Home Equity and Scholarships.

Financial Aid Notes


Aid Step 1d: College Cost Analysis

Schools must tell all applicants how much it will cost to attend their school for each academic year

schools determine costs based upon average budgets that students spend for the following categories:

(download this spreadsheet to analyze cost among schools)

  1. School Tuition and Fees:
    cost to attend class instruction and the use of facilities, labs, libraries and all other related services for each enrolled student


  2. Books and Supplies:
    the estimated amount for books and supplies the student will be required to purchase for classroom instruction — this item may include a computer and other electronic/telecommunication devices


  3. Computer and Other Electronics:
    not necessarily required since colleges offer computer labs and other shared facilities. However, given the electronic push made by colleges, it will be the student's advantage to own their own personal computer along with a printer and other necessary electronics


  4. Room and Board:
    the estimated cost for housing and food if you live in a residence hall; if you live off campus, food expenses are not estimated


  5. Transportation:
    the estimated cost for 2-3 round trips from your home to school; if you live with your parents, the estimated commuting costs will be calculated


  6. Personal Living Expenses:
    the estimated cost for clothing, grooming supplies, laundry and limited entertainment


  7. Other Personal Costs:
    personal expenses that are specific to the student such as disability expenses, dependent care, loan fees, etc.


  8. Miscellaneous:
    any other expenses that you can identify with your school's Financial Aid Office
 

privacy statement | contact us | site map | resources | community college search

Copyright 2003-09
SayStart.com Community College Financing Guide


member: nBuy Associates
all rights reserved

BBBOnLine Reliability Seal