b'40College direct Cost sampling FUTUREPennsylvania Public and2020-2021 Estimated Annual Costs yourState-Related Institutions (in-state resident) tuition and Fees * room and Board * toBloomsburg university $10,958 $10,032temple university $16,970 $12,518 The FAFSA and SAR are used university of Pittsburgh $19,718 $10,850 by colleges to determine West Chester university $10,471 $8,224 your financial need:Private Four-year Institutions They apply the following arcadia university $45,320$14,050formula:dickinson College $56,498 $14,672 Cost of Attendancegettysburg College $58,500 $13,960Expected Family ContributionTwo-year Institutions = Financial NeedCommunity College of Philadelphia $5,368 n/a Schools do not, however, Penn College of technology $19,059 $10,244 guarantee to meet your entire*amount shown may vary depending on such factors as in-person versus remote instruction, course fees, major, meal plan, and dorm accommodations. financial need.FINANCIAl AID 101 hoW FINANCIAl AID IS DETERMINEDFew students can aord to pay for college on theirStudents interested in receiving financial aid mustown. Financial aid is intended to make collegefill out and submit the FAFSAFree Applicationaordable for everyone. for Federal Student Aid (pp. 44-45)which gives Financial aid can be merit-based or need-based. colleges information about your familys financial Merit-based aid is awarded in recognition of asituation. Some colleges also require you to students academic achievement, talents, or special complete the CSS/Financial Aid Profile (p. 46).skills. Need-based aid is awarded based on a familysIf you are a Pennsylvania resident, after you ability to pay for college. The majority of aidcomplete your FAFSA, you will be directed to provided by colleges and universities is need-based. the PHEAA website to complete the onlineThere are many sources of financial aid. Financial State Grant Form (SGF) to apply for state grants.aid is provided to students by the federal government,Within three to five days of completing your FAFSAthe state in which the student lives, the college toonline, your Student Aid Report (SAR) will bebe attended by the student, and other public andavailable at www.studentaid.gov/h/apply-for-aid/fafsa.private institutions.The SAR summarizes the information you providedSome forms of financial aid must be repaid while in your FAFSA and shows your EFC. Your EFC others do not have an obligation of repayment.is the amount you and your family are expected Your financial aid package may include a combination to be able to pay toward college.of both types of aid. Recommended resources for understanding financial aid include www.khanacademy.org(search paying for college), www.pheaa.org/grants/state-grant-program, and www.finaid.org. Estimate your Expected Family Contribution(EFC). Visit https://bigfuture.collegeboard.org/pay-for-college/paying-your-share/expected-family-contribution-calculator. West Chester University'