Sample URI TD Financial Aid Award Letter Breakdown

TD Advance Deposit: $500 (this is a one-time fee that does not factor into your tuition or room and board.

Work Study: $1000 (this is money that you are able to earn by working on campus and does not factor into your tuition or room and board.

Books: Varies (the cost of your books will vary depending on the courses you take, but between buying or renting used books in the bookstore or online and inheriting books from students, you should expect to spend anywhere between $0 and $400 per semester on books)

Grants

Loans

Federal Pell Grant

$5550

Federal DL Subsidized Loan 01

$3500

Hardge/Forleo Memorial Grant

$10878

Federal DL Unsubsidized Loan 1

$2000

Rhode Island Grant

$700

Total:

$17128

Total:

$5500

COST OF ATTENDANCE = TUITION + ROOM AND BOARD

Anticipated Full-Time Tuition and Fees: $12450

Anticipated Average Room and Board: $11432

Cost of Attendance: $12450 + $11432 = $23882

FINANCIAL AID = GRANTS + LOANS

Total Grants: $17128

Total Loans: $5500

Financial Aid: $17128 + $5500 = $22628

STUDENT RESPONSIBILITY = COST OF ATTENDANCE – FINANCIAL AID

Total Student Responsibility (per year): $23882 – $22628 = $1254

Total Student Responsibility (per semester): $1254 / 2 = $627 (assuming you don’t receive any outside scholarships, you should expect to receive a bill before each semester around this amount; be sure to pay this bill in full as soon as possible since you will not be able to register for classes until your balance is cleared)

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