College Student Budget Template

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STUDENT BUDGET
STUDENT BUDGET
STUDENT BUDGET
STUDENT BUDGET
Award
Estimated
Financial Aid/Income
College Costs/Expenses
Amount
Cost
Tuition and Fees (Based on 12 credits/full-
MICHIGAN PROGRAMS*
time enrollment
$
Michigan Competitive Scholarship (MCS)
$
Room and Board (on campus living)
$
Michigan Education Trust (MET)
$
Books and Supplies
$
Michigan Education Savings Program
(MESP)
$
Transportation
$
Tuition Incentive Program (TIP)
$
Miscellaneous Expenses
$
Note: Some monthly expenses may not be covered by your financial aid
award. Below are some example of expenses. Please add these to the
Michigan Tuition Grant (MTG)
$
expenses above to get your TOTAL ESTIMATED EXPENSES below.
Personal Expenses (lotion, deodorant,
mouthwash, toothpaste, etc.)
Children of Veterans Tuition Grant (CVTG)
$
$
Police Officer’s and Fire Fighter’s Survivor
Tuition Grant (STG)
$
Food (fast food, pizza, etc.)
$
Fostering Futures Scholarship (FFS)
$
Hair Care/Hair Cuts
$
Dual Enrollment
$
Gas, Car Expenses, and Insurance
$
Gear UP College Day
$
Cell Phone
$
Entertainment (movie, sports, club, video
Michigan GEAR UP
$
games, etc.)
$
Education Training Voucher (ETV)
$
Laundry Detergent/Laundromat
$
FEDERAL PROGRAMS
Nails
$
Renters Insurance (dorm living or off
Pell Grant
$
campus apartment)
$
TEACH Grant
$
Credit Cards (two cards)
$
Savings (put aside money for unexpected
Work Study
$
expenses.)
$
Supplement Educational Opportunity
Grant (SEOG)
$
NOTES:
Iraq and Afghanistan Service Grant
$
Federal Subsidized Loan
$
Federal Unsubsidized Loan
$
Federal PLUS Loan
$
Additional Grants or Scholarships
$
Part-time Job and Savings
$
Parent/Guardian's Assistance
$
TOTAL AWARD
$
TOTAL ESTIMATED EXPENSES
$
Note: *State of Michigan programs are limited to Michigan colleges; not out-of-state colleges. Some awards are merit or need-based or have other
eligibility requirements. In addition, some awards have limited funding and are distributed on a “first-come, first-served” basis. Check with your financial
aid office. All awards are subject to available and approved funding.

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