b'40College Direct Cost Sampling: 2023-2024 EstimatesPennsylvania State and State-Related Institutions(in-state resident) Tuition and Fees *Room and Board* WATCH USTemple University$18,944$12,860University of Pittsburgh$21,080$12,268West Chester University$10,576$12,474The FAFSA and SAR arePrivate Four-Year Institutions used by colleges to deter-Bentley University$58,150 $19,200mine your financial need. Lincoln University$14,490$11,589 They apply the following formula:Neumann University$37,300$15,680 Cost of AttendanceTwo-Year InstitutionsStudent Aid IndexManor College $18,864$9,888 = Financial NeedThaddeus Stevens College of Technology $9,050$10,670 Schools do not, however, guarantee *Per year; amount may vary depending on such factors as course fees, major, meal plan, and dorm accommodations. to meet your entire financial need.Financial Aid 101 How Financial AidFew students can afford to pay for college on theirIs Determinedown. Financial aid is intended to make collegeStudents interested in receiving financial aid must affordable for everyone. fill out and submit the FAFSAFree Application Financial aid can be merit-based or need-based.for Federal Student Aid (pp. 44-45)which gives Merit-based aid is awarded in recognition of a colleges information about your familys financialstudents academic achievement, talents, or special situation. Some colleges also require you to completeskills. Need-based aid is awarded based on a familys the CSS Profile (p. 46) or their own form.ability to pay for college. The majority of aid providedIf you are a Pennsylvania resident, after you completeby colleges and universities is need-based. your FAFSA, you will be directed to the PHEAA There are many sources of financial aid. Financialwebsite to complete the online State Grantaid is provided to students by the federal government, Form (SGF) to apply for state grants. The PHEAA the state in which the student lives, the college to will ask you to list your top choice school. This can be attended by the student, and other public and be changed later if you enroll elsewhere.private institutions. Shortly after completing your FAFSA online, your Some forms of financial aid must be repaid whileFAFSA Submission Summary (FSS) will be available others do not have an obligation of repayment. at www.studentaid.gov/h/apply-for-aid/fafsa.Your financial aid package may include a combination The FAFSA submisssion summary shows your SAI, of both types of aid. which indicates the amount you and your family Recommended resources for understanding should be able to contribute to one year of college.financial aid include www.khanacademy.org(search paying for college), www.pheaa.org/grants/state-grant-program, and www.finaid.org.Estimate your Student Aid Index, or SAI (formerly known as the Expected Family Contribution). Visitbigfuture.collegeboard.org/pay-for-college/ calculate-your-cost/expected-family-contribution/efc-calculator.'