Cost of Attendance (Budgets) |
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Your total budget, called the "estimated cost of attendance,"
is the sum of average tuition and fees, books and supplies, and
standardized living expenses for the student only. Expenses of your
family members cannot be included in your budget, except for dependent
care expenses.
Estimated Cost
of Attendance
2005-2006 Academic Year |
| |
On/Off Campus |
| Tuition/fees* |
$4,640 |
| Room Board |
$6,200 |
| Books, Supplies |
$900 |
| Personal, Misc.** |
$2,800 |
| |
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| Estimated Totals |
$14,540 |
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Financial aid eligibility is determined by
subtracting the expected family contribution and other educational
resources and scholarships from the cost of attendance.
| Cost of Attendance |
 -
Minus Expected Family Contribution |
 -
Minus Expected Scholarships/Resources |
 =
Financial Need |
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*Based on 12-18 credits, undergraduate, resident status. College
of Technology students pay lower tuition & fees; however, their
supplies and tools generally cost more.
*Non-resident charges could add approximately $8,240/year to the
tuition & fee estimates.
**Personal and miscellaneous costs could vary greatly, depending
on your resourcefulness.
EXPECTED FAMILY CONTRIBUTION Financial aid exists
to supplement what you and your parents (if applicable) are expected
to contribute toward your education costs. The expected family contribution
is determined by a formula established by Congress known as Federal
Methodology. This formula considers income, assets, family size,
the number of family members attending college, and other information.
OTHER ESTIMATED RESOURCES might be listed on
your award letter, such as Veterans' Benefits, Scholarships, Vocational
Rehabilitation, or other outside educational funding. Federal regulations
require that colleges include all educational funding sources toward
your cost of attendance. When the Financial Aid Office learns about
a source of funding after your award letter has been completed,
it may be necessary to reduce federal or state financial aid to
prevent an over-award. In some cases, students must be billed for
over-awards. When reductions or cancellations are necessary, they
are generally done in the following order: loans, work study, then
grants.
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