Financial planning for college should begin with an estimate of what the total cost will be for one academic year at UW-Whitewater. While fees (tuition) and room and board expenses will represent the majority of the expenses, there are also expenses for books, laundry, personal supplies, entertainment, and travel. If realistic budgetary allowances for such items are made now, the final financial projections will be more accurate and useful. Allowances should also be made for increases in fees because of inflation and policy changes.
ESTIMATED YEARLY BUDGET WISCONSIN RESIDENT UNDERGRADUATE STUDENT 1999-2000 ACADEMIC YEAR
* Non-resident (except Minnesota) undergraduates add $6,500.
** While most required undergraduate textbooks are available through the textbook rental system, some must be purchased.
The following is a sample budget and need analysis for a dependent student paying in-state tuition:
Parents' Contribution $ 800
Student's Contribution + 400
TOTAL FAMILY CONTRIBUTION $1,200
Total UW-W Cost of Attendance $9,750
Less Family Contribution -1,200
TOTAL NEED $8,550
The following is a sample financial aid package for the same student enrolled full time:
Federal Pell Grant $1,975
Wisconsin Higher Education Grant 310
Federal Supplemental Educational
Opportunity Grant 600
Federal Perkins Loan 1,000
Federal Work-Study 1,200
Federal Direct Stafford Loan 3,465
Federal Direct PLUS Loan +1,200
Students have the option of accepting all or part of the assistance offered.
Financial aid is calculated on the number of credits the student intends to take. Financial aid packages must be adjusted for less than full-time enrollment.
Registrar's Office - UW-Whitewater|
For comments: firstname.lastname@example.org.
Last revised on March 10, 2000 by WDT