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  Saturday, May 17, 2008
Sample Financial Aid Awards

David: Non-resident
Family Income & Savings:
Parents' income - $ 52,940
Parents' cash/savings - $14,687
Student's income - $2,357
Student's cash/savings $582
Parents' marital status Married Family members - 4
Number in college - 1
Exp. Family Contribution - $3,752
Cost of education - $24,030

Financial Aid Package:
Pell Grant - $400
SEOG Grant - $1,600
LSC Grant - $1,450
Lyndon State Scholarship* - $2,500
Perkins Loan - $1,600
Stafford Student Loan - $2,625
Work Study Job - $1,500
PLUS Parent Loan - $12,355

Total Aid Awarded $24,030
*Based on a minimum combined SAT score of 1000, in top 25% of high school graduating class and a minimum GPA of 3.0 on a 4.0 scale. 


Julie: VT Resident
Family Income & Savings:
Parents' income - $42,738
Parents' cash/savings - $3,984
Student's income - $3,192
Student's cash/savings - $630
Parents' marital status - Married
Family members - 4
Number in college - 1
Exp. Family Contribution - $2,024
Cost of education - $16,236

Financial Aid Package:
Pell Grant - $2,000
VSAC State Grant - $1,700
SEOG Grant - $650
LSC Grant - $1,300
Perkins Loan - $800
Stafford Student Loan - $2,625
Work Study Job - $1,500
PLUS Parent Loan - $5,661

Total Aid Awarded - $16,236


Allen: Non-resident 
Family Income & Savings:
Parents' income - $71,188
Parents' cash/savings - $14,572
Student's income - $1,803
Student's cash/savings  - $546
Parents' marital status - Married
Family members - 4
Number in college - 1
Exp. Family Contribution  - $8,313
Cost of education  - $24,030

Financial Aid Package:
NEBHE Grant - $4,446
LSC Grant  - $1,450
Perkins Loan  - $1,200
Stafford Student Loan - $2,625
Work Study Job  - $1,500
PLUS Parent Loan  - $12,809

Total Aid Awarded - $24,030



 

 

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