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U N I V E R S I T
FINANCIAL AID OPTIONS 20122013
WWW.SUFFOLK.EDU/FINAID
For planning purposes, be advised that tuition normally increases annually, usually between three and seven percent. Direct charges (shaded in cream on the chart) are the charges paid directly to Suffolk University. Direct charges from the commuter students budget and the dependent non-resident students budget include tuition and the activity fee, and total $30,792. Direct charges from the residence hall students budget include tuition, the activity fee, and room/board, totaling $45,240. It is important to note that additional funds are required for other expenses including books and supplies, transportation, and apartment rent (if applicable), but these are not costs paid to Suffolk University.
Tuition Activity Fee Room/Board Loan Fees Books/Supplies Transportation Miscellaneous Total
$30,672 $30,672 $120 $1,800 $75 $1,200 $800 $120 $14,448 $75 $1,200 $250
Carmen is a New York resident from a family of ve with two in college. Carmens parents have a combined annual income of $160,000. Carmens academic credentials earned her a $10,000 merit scholarship. Her parents have modest savings and minimal equity in their home. Carmen decided to live in a Suffolk University residence hall. Cost of Attendance Federal EFC $48,965 - $20,074
Financial Need
$28,891
Total Aid
$23,900
John is a Massachusetts resident from a family of four with one in college. His parents have a combined annual income of $46,000. John is an average student. His parents have modest savings and some equity in their home. John lives locally, so he decided to commute from home to save money. Cost of Attendance Federal EFC $36,867 - $2,929
Carmens direct charges will be approximately $45,240 and she has $21,400 in aid that will be applied toward these charges. (Federal work-study is money earned during the year and is not deducted from the bill.) This will leave Carmen with a balance of $23,840 for the year. In order to meet this balance, Carmens parents can apply for an alternative loan such as PLUS*, use the tuition payment plan, and/or use their own resources to pay the balance.
Financial Need
$33,938
Sara is a New Hampshire resident from a family of three with one in college. Her parents have a combined annual income of $19,000 and limited savings. She is an excellent student, was selected for the Honors Program, and chose to live in a Suffolk University residence hall.
$48,965 -0
Financial Need
$48,965
Total Aid
$26,200
Johns direct charges will be approximately $30,792 and he has $23,700 in aid that will be applied toward these charges. (Federal work-study is money earned during the year and is not deducted from the bill.) This will leave John with a balance of $7,092 for the year. In order to meet this balance, Johns parents can apply for an alternative loan such as PLUS* (Parent Loan for Undergraduate Students), use the tuition payment plan, and/or use their own resources to pay the balance.
Total Aid
$39,886
*Note: Approval for PLUS and many other loans is based on parents credit history
Saras direct charges will be approximately $45,240 and she has $37,386 in aid that will be applied toward these charges. (Federal work-study is money earned during the year and is not deducted from the bill.) This will leave Sara with a balance of $7,854 for the year. In order to meet this balance, Saras parents can apply for an alternative loan such as PLUS*, use the tuition payment plan, and/or use their own resources to pay the balance.
*Note: Approval for PLUS and many other loans is based on parents credit history
WHAT IF I HAVE QUESTIONS ABOUT FINANCIAL AID? Email the Ofce of Student Financial Services at naid@suffolk.edu or call 617.573.8470. General questions can normally be answered on the spot. For more detailed or complicated issues, however, each nancial aid applicant is assigned a counselor within this ofce. Assignments are based on the rst letter of the aid applicants last name.
UNDERGRADUATE STUDENTS Last Name Beginning With: Counselor Antonia Rizzo Dianne Goguen Barbara Wendland Glory Peguero Jennifer Ricciardi Bob Rauseo Michelle Young Hilary Haley Email Address arizzo@suffolk.edu dgoguen@suffolk.edu bwendland@suffolk.edu gpeguero@suffolk.edu jricciardi@suffolk.edu rrauseo@suffolk.edu myoung@suffolk.edu hhaley@suffolk.edu
A, C B F, G, H, I L, M N, P, Q S, T, U, V, W, X, Y, Z D, E, J, K, O R
IMPORTANT REMINDERS
No nancial aid award offer can be extended until an applicant has been formally admitted to a degree or eligible program through the Ofce of Undergraduate Admission. Applicants should adhere to the March 1 deadline and retain copies of everything submitted with their applications. The applicants name and Social Security number must be included on all documents. Special funding has been earmarked for new transfer students, and nancial aid offers to transfer students will be extended until all funds are depleted. If an applicants circumstances change after applying for aid, an appeal application may be led for additional consideration. Appeal applications are available at www.suffolk.edu/naidforms. Aid applicants must complete the FAFSA. Suffolk does not require the CSS Prole.
ADMISSION OFFICE
Tel: 617.573.8460 Fax: 617.557.1574 admission@suffolk.edu www.suffolk.edu/admission
BURSARS OFFICE
Tel: 617.573.8407 Fax: 617.557.4399 bursar@suffolk.edu www.suffolk.edu/bursar
Suffolk University
WWW.SUFFOLK.EDU