ANNUAL FINANCIAL PLANNING WORKSHEET

University of Idaho Undergraduates Fall 2014-2015
 
STEP 1: Estimated Annual Base Education Costs
Tuition & Fees
Select From:
Resident $6,784 (estimated)
Non-Resident $20,314 (estimated)
Room and Board (Average of residence halls, greek and off campus = $8,022)
Books (Average Cost = $1,232)
Total Annual Base Educational Costs
 
STEP 2: Annual Financial Aid Accepted (not including loans)
Scholarships (UI cash scholarships, WUE)
Grants (PELL, SEOG)
Non-UI Scholarships (e.g. local or state scholarships)
Other (veteran benefits, ROTC, 529 savings plan)
Total Aid
 
STEP 3: Loans Accepted
Federal Loans to Students (ie: Direct Stafford, Perkins)
Federal Parent Loan for Undergraduate Students
Total Loan Aid
 
STEP 4: Calculate Remaining Costs or Aid
Total Annual Direct Costs (Step 1)
Less Total Annual Financial Aid (Step 2)
Less Loans Accepted (Step 3)
Remaining Base Educational Costs (if any)
 
STEP 5: Options to Cover Remaining Base Educational Costs
Options for Funding
Student Savings
Parent/Other Contribution
Student's Summer Earnings
Student's School Year Earnings (work-study, etc)
Private Loans
Payment Plan
Other
Total Options for Funding
 
STEP 6: Calculate Remaining Costs or Aid
Total Annual Direct Costs (Step 1)
Less: Financial Aid and all options (Steps 2+3+5)
Remaining Base Educational Costs (if any)