What is the COA for UNCG? Identify both the university and the COA. Using the sample financial
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- What is the COA for UNCG? Identify both the university and the COA.
- Using the sample financial aid award letter provided , how much aid would you need to accept? Would this include any loans that need to be repaid? If so, how much? Would you need to come up with money outside of FAFSA sources? If so, how much?
- How much money will you owe/have to pay back at the end of your college career if you qualify for the same amount of aid each year? Make sure you factor in (multiply by) how many years you will be at the transfer institution. (Don't forget loans require amount borrowed plus interest to be paid back)
- Was this amount what you expected? Why or why not?
(https://www.lendingtree.com/student/financial-aid-award-letter/) for more information about different types of aid.
Sample Financial Aid Award Letter
Fall | Spring | Total | |
Federal Perkins Loan | 1,000 | 1,000 | 2,000 |
Subsidized Federal Stafford Loan | 1,750 | 1,750 | 3,500 |
Unsubsidized Federal Stafford Loan | 1,000 | 1,000 | 2,000 |
School Scholarship | 500 | 500 | 1,000 |
Federal Pell Grant | 2,500 | 2,500 | 5,000 |
Federal Supplemental Edu Grant | 450 | 450 | 900 |
State Scholarship | 500 | 500 | 1,000 |
Federal Work-Study | 1,500 | 1,500 | 3,000 |
Total | 18,400 |
Related Book For
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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