Resources/Contribution VS. Actual Bill

Colleges and Universities A-Z Stanford University
1

<p>I was looking at my original fin. aid letter & it lists the financial aid as expenses (including travel & personal) minus resources. Well, since the univ. scholarships & loans don't cover personal expenses, wouldn't that mean that personal expenses are added into those resources/ contributions? My question is: is the resources part what is gonna show up on the bill in Aug. , maybe plus or minus some stuff, or will it be less because personal expenses are included in that resource/ contribution number.</p>

<p>i hope this isnt confusing</p>

2

<p>it's pretty confusing. I have no idea what you're asking.</p>

3

<p>I think you're asking if the bill for the university is going to be less than what the financial aid letter gave as your contribution amount because it won't include the personal expenses. If that's the question, the answer is yes. You are expected to cover personal expenses and travel so financial aid wise they are considered one of your expenses, but since you aren't paying this money to the university it won't be on your bill.</p>

4

<p>But what f your financial aid award exceed your bill? Then do you keep the money to spend for yourself?</p>

5

<p>Statics, I don't think so. Your financial aid award should be adjusted, then.</p>

6

<p>nope..if your contribution comes out to zero..they'll take away money from the Stanford Fund or the University Scholarship or one of those.</p>

7

<p>my finaid award came out to $43,352. </p>

<p>Tution = 32,000
Room and Board = 9,932
Orientation Fee = 425
TOTAL = $42,357</p>

<p>So does that mean I have 995 + 1700 (<=student contribution) to spend on books, supplies, and personal expenses?</p>

8

<p>stat, I'm pretty sure they give you the money to spend on personal expenses. (Oh, and sweet financial aid package!) You can call the FAO, but I think they give you a check on the first day of the quarter. And yes, just tuition and room and board will show up in your bill. Actually, everyone's estimated cost was different (mine was about $46,000 because they adjusted for travel). So there's no way they could "bill" you for that, but they take it into consideration when giving you money (which, for the record, I am very, very happy for.)</p>

9

<p>yea, me too. woohoo east coast.</p>