How much will an education cost at UNO for an academic year?
The answer varies from student to student. Although the chances of your package being identical to another is slim, we have included the following hypothetical examples to give you insight into how a financial aid package is developed.
All examples use a budget developed for a full-time student attending the University of New Orleans for one academic year (fall and spring semesters; the cost of attendance figures demonstrated in the above examples are based upon
estimated amounts).
|
Louisiana Resident
Living with Parents
|
|
Non-Louisiana Resident
Living Off-Campus
|
| Tuition & Fees |
$ 5,214
|
Tuition & Fees |
$ 16,738
|
| Books |
1,300
|
Books |
1,300
|
| Room/Board |
7,555
|
Room/Board |
11,797
|
| Transportation |
1,596
|
Transportation |
1,596
|
| Child Care* |
4,272
|
Child Care* |
4,272
|
| Personal |
1,839
|
Personal |
1,839
|
| Average Loan Fees |
52.
|
Average Loan Fees |
52
|
|
Total
|
$17,556
|
Total
|
$33,322
|
*The cost of child-care is only utilized in your budget when there are childcare expenses in your family unit. You must submit proof of child-care expenses in order to have your Cost of Attendance adjusted to reflect the expense.
Example - Package A
(These examples do not necessarily reflect real situations.)
Jonathan is a student from Metairie, Louisiana. He is from a two-parent, two-child family. His family has an annual income of $27,000. Jonathan's sister is in high school. Jonathan is planning to commute to college.
| Total cost of attendance (*less childcare) |
$ 12611
|
| Family contribution (anticipated) |
0
|
| Student's financial need (cost less family contribution) |
12611
|
The Office of Student Financial Aid may offer a financial aid package as follows to help meet Jonathan's need:
| Federal Pell Grant |
$ 5,550
|
| Louisiana Go Grant |
2,000
|
| Federal Supplemental Educational Opportunity Grant |
1,000
|
| Federal College Work-Study Employment |
2,000
|
| Federal Direct Stafford Loan -Subsidized (Freshman) |
2,061
|
|
Total Aid Package
|
$ 12,611 *
|
*Jonathan’s total financial need was met by his financial aid award.
Example – Package B
Kyle is an independent student from Georgia, enrolled as a Senior in college. He is married with a 10 month-old child. The family’s income is $28,000 with assets of $1000. They have childcare expenses while Kyle is in school and his wife is working.
| Total Cost of Attendance (including child care cost) |
$31,777
|
| Family contribution (anticipated) |
1,001
|
| Student's financial need (cost less family contribution) |
30,776
|
The Office of Student Financial Aid may offer a financial aid package as follows to help meet
Kyle's need:
| Federal Pell Grant |
$ 4,500
|
| Federal Supplemental Educational Opportunity Grant |
1,000
|
| Federal Carl Perkins Student Loan |
4,000
|
| Federal Direct Subsidized Stafford (Senior status) |
5,500
|
| Federal Unsubsidized Stafford (Senior status) |
7,000
|
| Federal College Work-Study Employment |
2,000
|
|
Total Aid Package
|
$24,000 *
|
* Kyle's financial need was not totally met by the financial aid award. The Office of Student Financial Aid may have a cap on the amount of assistance they can offer a student. Kyle will have to find an additional source of financial assistance to help in funding his cost of attendance as a full-time student at UNO student.
Important Note: Several Financial Aid programs are awarded by the Office of Student Financial Aid, and are based on the availability of funds. Amounts are subject to change.