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    Fafsa4caster Cost of College Worksheet Noah Vasquez 1

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    The document discusses using the FAFSA4caster tool to estimate eligibility for federal student aid and plan for college costs. It provides instructions for students to complete the FAFSA4caster, which estimates they could receive $0 in Pell Grants, $1815 in work-study, and $7315 in Direct Stafford Loans based on an estimated family contribution of $26,525. The document also includes a table comparing estimated costs of attendance, financial need, aid amounts, and out-of-pocket costs for several colleges to help students understand how to pay for college.

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    Fafsa4caster Cost of College Worksheet Noah Vasquez 1

    Uploaded by

    api-608871465
    54 views3 pages
    The document discusses using the FAFSA4caster tool to estimate eligibility for federal student aid and plan for college costs. It provides instructions for students to complete the FAFSA4caster, which estimates they could receive $0 in Pell Grants, $1815 in work-study, and $7315 in Direct Stafford Loans based on an estimated family contribution of $26,525. The document also includes a table comparing estimated costs of attendance, financial need, aid amounts, and out-of-pocket costs for several colleges to help students understand how to pay for college.

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    fafsa4caster cost of college worksheet noah vasquez 1

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    The document discusses using the FAFSA4caster tool to estimate eligibility for federal student aid and plan for college costs. It provides instructions for students to complete the FAFSA4caster, which estimates they could receive $0 in Pell Grants, $1815 in work-study, and $7315 in Direct Stafford Loans based on an estimated family contribution of $26,525. The document also includes a table comparing estimated costs of attendance, financial need, aid amounts, and out-of-pocket costs for several colleges to help students understand how to pay for college.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    54 views3 pages

    Fafsa4caster Cost of College Worksheet Noah Vasquez 1

    Uploaded by

    api-608871465
    The document discusses using the FAFSA4caster tool to estimate eligibility for federal student aid and plan for college costs. It provides instructions for students to complete the FAFSA4caster, which estimates they could receive $0 in Pell Grants, $1815 in work-study, and $7315 in Direct Stafford Loans based on an estimated family contribution of $26,525. The document also includes a table comparing estimated costs of attendance, financial need, aid amounts, and out-of-pocket costs for several colleges to help students understand how to pay for college.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    FAFSA4Caster & Cost of College

    Paying for college can be a scary thing! While it’s still too early to apply for financial aid, the FAFSA4caster is a great
    tool that gives you a free estimate of your eligibility for federal student aid. This information will help you and your
    family plan for college.

    1. Explain to your parents this assignment and that the FAFSA4caster will give you an estimate
    of what you could receive in financial aid. It does not record any information and does not
    require you to submit your name.

    2. The FAFSA4caster will also ask about your and your parent’s information.

    3. Go to https://fafsa.ed.gov/spa/fafsa4c/?locale=en_US#/landing

    4. Answer all of the questions. Click Submit.

    5. Once you’ve clicked submit, record all of the information regarding your eligibility for
    financial aid below:

    Federal Pell Grant:


    0
    (Fill out #9 on the back of this page using this information)

    Federal Work-Study:
    1815
    (Fill out #13 on the back of this page using this information)

    Direct Stafford Loan:


    7315
    (Fill out #16 on the back of this page using this information)

    7. Scroll to the bottom of the page and click Submit. Record your estimated EFC below.

    Estimated EFC:
    26,525
    (Fill out #7 on the back of this page using this information)

    8. On the next page, complete Rows 1-8.

    You aren’t given enough information to complete rows 9-18 but it’s a good way to see how you can
    figure out how much college will cost you.
    FAFSA4Caster & Cost of College
    College #1 College #2 College #3 College #4 College #5

    School Name Palomar San Marcos UC Irvine UCSD UC Fullerton

    Estimated Cost of Attendance (COA)

    $12,834 $11,442.00 14,648


    6,953
    1. Tuition and fees 0

    2. Room and board 0 $13,150 $17,412.00 $15,336 $15,898

    3. Transportation 0 $1,326 $2,056.00 $1,473 $1,544

    $2,038 $1,849.00 $1,608


    1,480
    4. Miscellaneous/Personal 0

    5. Additional Costs 0 $742 $27.00 0 396


    6. Total COA 0 30,090 32,786 33,065 26,271
    Estimated Financial Need

    7. Expected Family Contribution 26,525 26,525, 26,525 26,525 26,525


    (EFC)

    8. Total Financial Need (#6 minus #7) 0 3,565 6,261 6,540 0

    Estimated Financial Aid

    9. Federal Pell Grant 0 0 0 0 0

    10. State Grant (Cal Grant) 0 0 0 0 0

    11. Scholarships/Other Grants 1815 1815 1815 1815 1815

    12. Total of Free Fin Aid (Add up #9-11) 1815 1815 1815 1815 1815

    Employment

    13. Federal Work Study 1815 1815 1815 1815 1815

    14. Other Employment 0 0 0 0 0

    15. Total Employment (Add up #14-15) 1815 1815 1815 1815 1815

    Loans

    16. Direct Stafford Loan 7315 7315 7315 7315 7315

    17. Other Loan 0 0 0 0 0

    18. Total Loan (Add up #17-18) 7315 7315 7315 7315 7315

    Estimated Out-of-Pocket Cost

    Total COA (#6) 0 30,090 32,786 33.065 26,271

    Total Free Financial Aid 9,130 9,130 9,130 9,130 9,130

    Total of Loans 0 20,960 23,656 22,935 17,141


    FAFSA4Caster & Cost of College
    Total out-of-pocket cost 0 20,960 23,656 22,935 17,141

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