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Sample Financial Aid Package C

A student who does not qualify for any state or federal grants

This sample financial aid package is for business administration with an emphasis in organizational leadership degree completion students who have a low need and whose expected family contribution (EFC) is $5,274.00 or greater.

Please refer to the bottom of the page for an explanation of terms.

Fall Start

Direct Cost Fall Spring Fall Total
$ 6,659.50 $ 7,298.50 $ 5,763.50 $ 19,721.50
Grants & Scholarships
Total $ 0.00 $ 0.00 $ 0.00 $ 0.00
Remaining Need
Before Loans
$ 6,659.50 $ 7,298.50 $ 5,763.50 $ 19,721.50
Loans
Direct -
subsidized (3.4%)
$ 2,750.00 $ 2,750.00 $ 2,750.00 $ 8,250.00
Direct -
unsubsidized (6.8%)
$ 3,500.00 $ 3,500.00 $ 3,500.00 $ 10,500.00
Total $ 6,250.00 $ 6,250.00 $ 6,250.00 $ 18,750.00
Remaining Need $ 409.50 $ 1,048.50 -$ 486.50 -$ 971.50

Spring Start

Direct Cost Spring Fall Spring Total
$ 6,659.50 $ 7,298.50 $ 5,763.50 $ 19,721.50
Grants & Scholarships
Total $ 0.00 $ 0.00 $ 0.00 $ 0.00
Remaining Need
Before Loans
$ 6,659.50 $ 7,298.50 $ 5,763.50 $ 19,721.50
Loans
Direct -
subsidized (3.4%)
$ 5,500.00 $ 2,750.00 $ 2,750.00 $ 11,000.00
Direct -
unsubsidized (6.8%)
$ 7,000.00 $ 3,500.00 $ 3,500.00 $ 14,000.00
Total $ 12,500.00 $ 6,250.00 $ 6,250.00 $ 25,000.00
Remaining Need -$ 5,840.50 $ 1,048.50 -$ 486.50 -$ 5,278.50

Explanation of Terms

Negative (-) Numbers
Any amount given as a negative is extra money that would go to the student in the form of a check.
Loans
There is a .5% fee on all loans. The math shown here does not reflect it having been subtracted.
Church Match Option
FPU will match up to $250 a semester on what your church gives you as a scholarship.
SEOG
There is a limited amount of this grant; an EFC of $0 is required. It is offered on a first come, first served basis.
Perkins
There is a limited amount of this loan. It is offered on a first come, first served basis.
Parent PLUS Loan
Only dependents receive this loan through their parents.
Cal Grant
A recipient of the Cal Grant A will not receive the stipend.
Alternative Loan
This is a credit based loan that goes into immediate repayment. The interest rate is dependent on the bank.

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