b'47F u t u r e s U n i v e r s i t yUnderstand the Numbers PaYIngFOrCOLLegeMarch 23, 2021 the total cost of attending Futures university is $36,800for the 202122Juliette Colon academic year. the school is oering Juliette $31,620in financial aid, 5456 Cherry Street including $6,600 in loansthat must be repaid, and Work-study that Philadelphia, PA 19139 must be earned. Juliette and her family will need to contribute $5,180toward her college education for the 202122 academic year. If Juliettesfamily does not have this money available, her parents can apply for Dear Juliette, a Federal direct PLus Loan or a private loan.Congratulations on your admission to Futures University!Based on the information you submitted on your FAFSA, you are eligible to receive the following financial aid for the 20212022 school year. Changes in your enrollment, housing, residency, financial, or other information may result in adjustmentsto this offer. Please let us know as soon as possible about any changes in your status while at Futures University. Further, to maintain eligibility for the Deans Scholarship, you must earn a GPA of 3.2 or above each semester at Futures University.In order to receive payment of your aid, you must demonstrate satisfactory academic progress. If a Pennsylvania State Grant is listed below, it is only an estimate until PHEAA sends you an official award notice.TYPE OF AID FALL 2021SPRING 2022Deans Scholarship $ 5,000 $ 5,000Federal Pell Grant $ 2,887 $ 2,887Pennsylvania State Grant$ 1,856 $ 1,856 Pennsylvania Foundation Scholarship$ 1,700 $ 1,700State University Scholarship $ 350$ 350 Pay Careful Attention to Total DebtFederal Perkins Loan $ 550$ 550Federal Direct Subsidized Loan $ 1,750 $ 1,750 Loans must be repaid. Futures university is oeringFederal Direct Unsubsidized Loan $ 1,000 $ 1,000 Juliette $6,600in loans for her freshman year. Federal Work-Study $ 717$ 717 If she graduates college in four years and receivesTotal$ 15,810 $ 15,810 the same amount in loans each year, she will owe$26,400when she finishes school. In addition, Total Aid for Academic Year 20212022 = $31,620 if her family takes out a loan to cover the dierencebetween Juliettes financial aid award and theSincerely, cost of attending Futures university, they will owe an additional $20,720in loans. Combined,that means Juliette and her parents will oweAlfred Owens $47,120when she graduates from college. theyDirector of Financial Aid will be legally obligated to pay back that money, plus interest.'