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Financial Aid

Financial Aid Office
Phone 757.455.3345

 

Financial Aid Calculation Worksheet

Once you have received your Financial Aid Award letter, you may want to complete this worksheet in order to determine your estimated funds available versus your estimated expenses.

1. From Financial Aid Award Letter

Some items listed may not apply

Institutional Scholarships and Grants: $
Batten/Trustee/Wesleyan/Clarke Scholarship
Presidential Scholarship
Academic Dean's Scholarship
Leadership Scholarship
Transfer Scholarship or Grant
State Grants:
VTAG (Virginia Tuition Assistance Grant)
CSAP (College Scholarship Assistance Program)
Federal Grants and Loans:
ACG (Academic Competitiveness Grant)
SMART (Natnl Science/Math Access to Retain Talent Grant)
Federal Pell Grant
Feceral SEOG Grant
Federal Perkins Loan
Federal Stafford Subsidized Loan
Federal Stafford UnSubsidized Loan
Federal PLUS (Parent Loan for Undergraduate Students)
From Other Sources:
External Grant/Scholarship
External Grant/Scholarship
Personal Funds
Other
Other

Total Estimated Funds Available
= $

NOTE: Federal Work Study award should not be included in your calculations. Students receive a paycheck twice a month. This amount is not automatically deducted from any educational expenses.

2. Educational Expenses

Click here to view standard costs

Tuition $
Room and Board (Resident Student)
Damage Deposit (Resident Student)
Insurance (Optional)
Parking Decal
Student Activity Fee
Books (Estimate)
Other
Other

Subtotal
= $

Minus Deposit Paid
- $

Total Estimated Educational Expenses
= $

Calculate:

Total Estimated Educational Expenses $
Total Estimated Funds Available - $

Balance of Funds Needed
= $

3. Reading the Results

If Balance of Funds Needed is either zero (0) or negative (-), you have enough funds to cover your expenses.

If Balance of Funds Needed is greater than zero (0), you do not have sufficient funds to cover your expenses. Click here to view available payment options.