Ann's Case Study
Ann is an athlete at RMU. She is also enrolled in a major with a slightly
higher tuition rate. She is from a family of six and has an EFC of 8252.
Her direct costs include: tuition, a double occupancy room, the Patriot
meal plan and her technology fee. Ann's financial aid package
consists of:
|
|
|
Direct Cost
|
$30,440
|
|
Awards
|
|
|
Athletic Award
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$10,000
|
|
Colonial Grant
Resident Grant
PHEAA Grant
|
$3,500
$3,000
$2,540
|
|
Stafford Subsidized Loan
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$3,500
|
|
PLUS Loan (borrowed by her parents)
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$7,900
|
|
Total Funding:
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$30,440
|
|
Balance Remaining
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$0
|
|
Out of Pocket Cost
|
$101 Monthly Payment
on PLUS Loan beginning
in March of 2009
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(Back)
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