Tuition and fees |
$
|
9,440 |
Housing and meals |
|
up to 5,913 |
Books and supplies |
|
N/A |
Transportation |
|
1,004 |
Other education costs |
|
up to 3,235 |
Grants and scholarships from your school |
$
|
Varies |
Federal Pell Grant |
|
up to 6,095 |
Grants from your state |
|
Varies |
Other scholarships you can use |
|
Varies |
Work-Study (Federal, state, or institutional) |
$
|
N/A |
Federal Perkins Loan |
$
|
N/A |
Federal Direct Subsidized Loan |
|
up to 3,500 |
Federal Direct Unsubsidized Loan |
|
up to 6,000 |
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Glossary
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Cost of Attendance (COA): The total amount (not including grants and
scholarships) that it will cost you to go to school
during the 2018-19 school year. COA includes tuition and
fees; housing and meals; and allowances for books,
supplies, transportation, loan fees, and dependent care.
It also includes miscellaneous and personal expenses,
such as an allowance for the rental or purchase of a
personal computer; costs related to a disability; and
reasonable costs for eligible study-abroad programs. For
students attending less than half-time, the COA includes
tuition and fees; an allowance for books, supplies, and
transportation; and dependent care expenses.
Total Grants and Scholarships: Student aid funds that do not have to be repaid. Grants
are often need-based, while scholarships are usually
merit-based. Occasionally you might have to pay back
part or all of a grant if, for example, you withdraw
from school before finishing a semester.
Net Costs: An estimate of the actual costs that you or your family
will need to pay during the 2018-19 school year to cover
education expenses at a particular school. Net costs are
determined by taking the institution's cost of
attendance and subtracting your grants and
scholarships.
Work-Study: A federal student aid program that provides part-time
employment while you are enrolled in school to help pay
your education expenses.
Loans: Borrowed money that must be repaid with interest. Loans
from the federal government typically have a lower
interest rate than loans from private lenders. Federal
loans, listed from most advantageous to least
advantageous, are called Federal Perkins Loans, Direct
Subsidized Loans, Direct Unsubsidized Loans, and Direct
PLUS Loans. You can find more information about federal
loans at StudentAid.gov.
Family Contribution (also referred to as Expected
Family Contribution): A number used by a school to calculate how much
financial aid you are eligible to receive, if any. It’s
based on the financial information you provided in your
Free Application for Federal Student Aid (FAFSA). It’s
not the amount of money your family will have to pay for
college, nor is it the amount of federal student aid you
will receive. The family contribution is reported to you
on your Student Aid Report, also known as the SAR.
Graduation Rate: The graduation rate after 150% of normal program
completion time has elapsed. For schools that award
predominately bachelor’s (fouryear) degrees, this is
after six years, and for students seeking an associate’s
(twoyear) degree, this is after three years. For
students seeking a certificate, the length of time
depends on the certificate sought, for example, for a
one-year certificate, after 18 months. These rates are
only for full-time students enrolled for the first
time.
Repayment Rate: The share of students who have repaid at least $1 of
the principal balance on their federal loans within 3
years of leaving school.
Median Borrowing: The median federal debt of undergraduate borrowers who
completed. This figure includes only federal loans; it
excludes private student loans and parent PLUS
loans.
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