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Student Financial Aid Budgets

A student's financial aid budget is based on his or her cost of education, which includes both direct and indirect expenses.

Direct expenses are paid by the student to the university, including tuition, fees, and room and board (for on-campus students). These expenses are set by the University and the Commonwealth.

Indirect expenses are those over which the student has some control, including books, supplies, transportation, personal/miscellaneous, and room and board (for off-campus students). These expenses are based on estimated costs for students at Fitchburg State.

A typical budget for a full-time in-state undergraduate student living in a residence hall for the 2018-2019 school year is:

Tuition $970
Fees $9,440
Room $7,385
Board $3,500
Books/Supplies $1,200
Transportation $600
Personal/Misc. $1,500*
Total $24,595

*includes health insurance expense

A typical budget for a half-time continuing education student for the 2018-2019 school year is below:

Tuition $1,596
Fees $2,100
Room (off-campus) $6,300
Board (off-campus) $3,500
Books/Supplies $400
Transportation $600
Personal/Misc. $1,500*
Total $15,996

*includes health insurance expense

A typical budget for a graduate student carrying six credits each semester for the 2018-2019 school year is:

Tuition $2,124
Fees $1,704
Room (off-campus) $6,300
Board (off-campus) $3,500
Books/Supplies $250
Transportation $500
Personal/Misc. $1,500*
Total $15,878

*includes health insurance expense

Not all students will spend exactly these amounts. Budgets will vary for graduate or continuing education students taking other than six credits per semester.

Students are awarded financial aid based on their total budget. When the money for a student's financial aid is actually received at the university, it goes first to satisfy the student's direct expenses. Once a student's bill with the university is satisfied, the balance of his or her aid is available and may be used to satisfy any indirect expenses the student may have.

Students should plan to start the semester with enough money for books and at least the first month's rent (if living off campus). Financial aid refunds will not be available to cover these expenses. The Student Accounts Office will notify the student about which aid has been received, which aid has been used to satisfy their bill, and which aid (if any) is available for their use.