Calculating Your Financial 援助
When North Park University prepares your financial aid package, we use an equation to help determine your financial 需要.
Cost of Attendance (COA) – Student 援助 Index (SAI) = Need
The Cost of Attendance in this calculation includes items like 学费, housing and food, personal expenses, 书, 运输, and living expenses. COA is usually higher than your direct costs (学费, housing and food), which allows you to borrow money to help cover additional expenses. Your financial aid award, including student 贷款, cannot exceed your totally COA.
The Student 援助 Index (SAI) is a figure generated by your FAFSA. A lower SAI indicates higher financial 需要. We use this number when creating your financial aid package, but you can anticipate that your educational expenses will be greater than the SAI generated by the FAFSA.
The final step of this equation—需要—is what we try to meet to the best of our ability, through scholarship, 奖助金, 贷款, 和勤工助学. 了解更多 about each of these types of financial aid.
What will your financial aid package be?
While you are considering all the details about 学费 and other college costs, you can also get a better picture of your own potential financial aid by using our Net Price Calculator. This online tool is free and can be used multiple times.