Financial Aid Examples

Amy comes from a family of five, and she is the only family member in college. Her grade point average is 3.15. Her father is a minister, and her mother is a teacher. The family adjusted gross income was $45,600.

Amy's Financial Aid Offer:
Founder's Scholarship	$8,000
Dependent of Christian Worker Grant	1,000
LeTourneau Grant	1,000
Subtotal	$10,000
Stafford Loan	3,500
Work Study	1,500
Total Financial Aid Offer	$15,000

Matt is a Texas resident, comes from a family of four, and he is the only family member in college. His grade point average is 4.0. The family adjusted gross income was $22,184.

Matt's Financial Aid Offer:
Presidential Scholarship	$11,000
Pell Grant	5,550
Tuition Equalization Grant	3,500
Subtotal	$20,350
Stafford Loan	3,500
Perkins Loan	1,000
Work Study	1,500
Total Financial Aid Offer	$23,350

Tim comes from a family of five, and he and his sister are both in college. His grade point average is 3.45. The family adjusted gross income was $87,250.