Cost of Education Worksheet

Determine Your Approximate Cost Below. The following estimated costs are for the full 2016-2017 academic year.

2016-2017 Full-Time Tuition and Fees:


Charges for On-Campus Housing:
Resident Students Only


Meal Plan:
Based on the Big Red plan, which is required for all first year resident students.


Total Charges for 2016-2017 
Direct charges which the University will bill the student.


Deduct: Financial Assistance scholarships and grants. For example, Trustee Scholarships, CICSG, Pell Grants, SHU Grant in Aid and SEOG. To determine the total amount you should deduct add together similar awards on your letter. DO NOT INCLUDE WORK STUDY!

Minus $__________

Deduct: The amount of Stafford loan you intend to borrow. For example, the maximum amount a first-year student can borrow is $5,500 less up to 4% processing fees. In other words, $5,280 in loan proceeds can be applied to direct charges.


Minus $__________

Deduct: Other payments. For example, a $1,500 deposit is required for all incoming residential students. ($150 is held as a housing damage deposit and $1,350 is applied to the Fall semester bill.)

Minus $__________

The estimated amount I have to directly pay for the 2016-2017 Academic Year.


Payment Plan: With the University's deferred payment plans you can easily budget the remaining cost in 10 monthly payments. A participation fee will be assessed each semester.

$________/per month

(estimated amount to pay the university divided by 10 months)