For Pell-eligible Michigan residents with family incomes below the poverty level, the program covers tuition, room & board, and books & supplies with grant aid and work-study. Loans and/or additional work would be required in order to cover estimated transportation and personal expenses.
|
For Pell-eligible Michigan residents with family incomes below the poverty level. . .
| |
2009-10 Estimated Student Budget
|
|
|
The college assures enough work-study and grant aid to cover these expenses
|
|
|
Tuition & Fees
|
$11,434
|
|
Books & Supplies
|
$962
|
|
Room & Board
|
$7,444
|
|
|
|
Loans and/or additional work would be required in order to cover these costs
|
|
|
Transportation & Personal Expenses
|
$1,708
|
|
About the Financial Aid Pledge (2009-10):
Who qualifies for the pledge (in addition to common requirements)?
Pell-eligible Michigan residents with total family income at or below the federal poverty level.
How is EFC determined and used?
Federal Methodology determines Pell eligibility and the student contribution from income and assets. Students who qualify for this program will have a very low expected parent contribution.
How much academic year work and/or need-based loans are included?
$3,000 in work-study, which equates to 12-15 hours per week; with grants, this amount covers tuition, room and board, books and supplies.
Does the offer account for the full student budget?
No. Loans or additional work would be required to cover transportation and personal expenses.
How are outside scholarships handled?
Outside scholarships reduce institutional grant aid unless the total of the outside scholarships exceeds the costs covered by the pledge in which case the work-study component would be reduced.
About the Institution (2007-08):
Location: East Lansing, MI
Type: Public 4-year
Undergraduate enrollment: 37,813
Pell Grant recipients (a measure of low-income enrollment): 18%
Proportion of graduating seniors with student debt: 41%
Average debt: $17,347
Glossary