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Sample Aid Packages - Tim
Tim grew up just minutes from a
Lutheran college campus, and attending that college had always
been in his mind. How could the campus not be,
seeing as it was just minutes from his home and high school? In
a city of only 25,000 people, the 45 building campus was a focal
point he encountered everyday.
He had worked hard at high school earning at GPA
of 3.58 and SAT’s of 1060 to make sure that he would be admissible.
Tim was interested in
continuing to live at home and commuting to campus each day.
| Financial
Profile: (Expected
Family Contribution = $8,390) |
Family Size: 6 (2
in college) Family Income:
(one income) |
$86,000 |
| Assets: |
none |
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| The Financial Aid
Package: |
|
| College Grant: |
$4,800 |
| State Scholarship
Award: |
$2,700 |
| Local Resident Scholarship Grant: |
$1,000 |
First Generation College
Student Grant:
|
$2,000 |
| College Supplemental Grant: |
$4,590 |
| Educational Loans: |
$4,125 |
| Total financial aid: |
$19,215 |
Tim’s financial aid package of $19,215 meant that he could now
attend a Lutheran college for less than $2,000 out -of-pocket
costs.
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