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Sample Aid Packages - Benjamin
Having been privately educated for most of his
life, Benjamin’s family knew the value that a Lutheran college
could possess. They recognized the benefits of smaller class size
and a highly educated faculty.
After all, that’s why they had
Ben enrolled at a private high school in Connecticut, where he
earned
a GPA of 2.6 and had SAT’s of 1140. Unfortunately, years of paying
private tuition costs had completely depleted the family resources.
If a Lutheran college was going to become a reality, financial
aid would have to be a necessity for Benjamin.
| Financial
Profile: (Expected
Family Contribution = $5,317) |
Family Size: 4 (one
in college)
Family Income:
(Dad Unemployed)
|
$52,000 |
| Assets: |
less than $500 |
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| The Financial Aid Package: |
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| College Grant: |
$6,000 |
| College Supplemental Grant: |
$6,290 |
| Educational Loans: |
$4,125 |
| Total financial aid: |
$16,315 |
All together, Ben was offered a financial aid
package of $16,315 that discounted tuition, room and board and
fees by over 57%.
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