Compare Costs to your Financial Resources = Your Out-of-Pocket Expense
First Step: Estimate your "Cost of Attendance". Your actual costs will vary depending on your semester courses, major, and living choices. Estimates given below are for one semester, full-time, "student not living with parent". For additional information see Financial Aid's estimates for "Cost of Attendance".
Estimated Cost of Attendance
- Tuition and Fees* - For yearly fees see... http://www.isu.edu/finserv/costinfo.shtml
- Resident or,
- Resident or
- Books (estimate $500)
- Room and Board
- Student Health Insurance - For yearly fees see... http://www.isu.edu/finserv/costinfo.shtml
- Loan Fees (estimate $20)
- Miscellaneous Personal
Total Required and Discretionary Expenses... To find your estimated Total Cost of Attendance
*Exact amounts of fees will be higher if you have class fees, eISU fees, new student orientation fee, late fees, malpractice insurance, professional fees, and such. To verify your fees see BengalWeb on the Finance tab, in the right hand column under "My Account". Or call Financial Services cashier's office at (208) 282-2900.
Second Step: Total the Financial Resources you are receiving.
Financial Resources Possibilities: Gifted Aid, Out of Pocket
- Gift Aid (Grants and Scholarships)
Total Gift Aid and Subtract this from Total Expenses to find your Out-Of-Pocket Cost.
What are your options to pay this Out-Of-Pocket Cost? Grants, scholarships and other gifted aid just do not cover the full cost of a college education. Many students find that they must supplement their savings with government and private loans. Note: the Federal education loans offer lower interest rates and more flexible repayment plans than most consumer alternative loans. Always ask for a disclosure statement from your lender. Loans will increase the cost-of-attendance as interest accrues and payments to the loans are required.
- Options for Paying for Out-Of-Pocket Cost
- Work Study
- Payment Plans with the University See Financial Services (208) 282-3000
- Educational Loans (Need-Based)
- Federal Subsidized Stafford Loan
- Perkins Loan
- Educational Loans (Non-Need)
- Other Out of Pocket Sources
- Personal Savings
- Employment Income
Once Financial Aid award had been determined (grants, loans), students can view this on their BengalWeb, "Finance" tab. In the box entitled "My Financial Aid", students will click on "Accept Financial Aid Awards", choose the year, and follow the instruction to complete the steps.
FAFSA4caster will also help you understand your options for paying for college. Amounts are only estimates.