Budget Worksheet
This budget worksheet was developed to assist you with deciding the amount of financial aid
you may need to meet your educational costs for the academic year and will provide you with a
more practical approach to budgeting your education. By developing a budget, you can make
sure you minimize any debt and reduce your stress, which will allow you to concentrate more on
your studies.
Monthly
Category
Projected Expenses
Average
Rent/Mortgage
Utilities
Room
Phone: Local/Long Distance
Cell Phone/Internet
Groceries
Food
Dining Out/Snacks
Car Payment
Insurance
Transportation
Gas
Repairs/Maintenance/Registration
Air Fare, Car rental, etc.
Insurance Premium
Medical
Out-of-Pocket/Co-pay
Clothing
Beauty/Grooming
Fitness
Personal
Laundry
Gifts
Entertainment
Credit Card
Debt Payments
Credit Card
Other______________________
Life Insurance
Miscellaneous
Savings/Investing
Other _____________________
Subtotal Monthly Expenses
0
# of months in your academic year/program
Total expenses for academic year
0
Tuition & Fees
Required School Expenses
Books & Supplies
Other
Subtotal Required Expenses
0
Total Loan Amount Needed
$0.00
(Required + Yearly)
NOTE: If you borrow less than the posted cost of attendance for your respective program, you
will have remaining eligibility that you can access throughout the academic year for
emergencies, additional school related expenses, and federal work study funding.