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Understanding Financial Aid Cost of Attendance

Standard student budgets have been established by the Financial Aid Office to help determine your eligibility for aid. They take into account all the normal expenses you may expect to incur while attending Radford University; your tuition, on campus meal plans, room and board, etc. factors such as certain program fees, transportation, marital and dependency status are also taken into consideration.

These budgets also do not reflect the direct costs you will be billed by the university.  Students will not always live on campus and have those charges that need to be paid directly to the school, and we understand this.  The room and board portion of your budget establishes that you will experience expenses either on or off campus for room and board and need to have an allocation to represent those costs. 

The Financial Aid Office will provide you with an award package to assist in meeting your needs based on the results of your FAFSA.  Please keep in mind that the Financial Aid Office may not be able to meet your full cost of attendance with an aid package, but there are additional financing options that can be explored to help you pay for these expenses.

The budgets are not intended to meet everybody's full financial responsibilities; rather, they are average or typical costs for students during an academic year. Of course, actual expenses will vary among students, depending on lifestyles, priorities, and obligations. You should notify the Financial Aid Office of any additional costs related to your transportation, medical and child care costs. With supporting documentation, such factors may merit an adjustment in the amount of financial aid to which you are entitled. 

If you would like to see the full tuition and fee information please visit the Student Accounts website, the university’s official location of the tuition and fee schedule.

Examples of Costs that are included in your Financial Aid Budget

Costs Included in Your
Financial Aid Budget
Billed Directly by University?
Tuition & Fees Yes
On Campus Housing Yes
On Campus Meal Plan Yes
Off Campus Housing No
Off Campus University Meal Plan Yes
Transportation Allowance No
Book Allowance No, Book Vouchers are exceptions
Personal Expenses No
Independent Student Allowance No
Additional Program Costs
i.e. Nursing
No

 

Estimated Financial Aid Cost of Attendance
*Rates are based on expenses for the 2013-2014 Academic Year for students enrolled full time

Undergraduate Example

Educational Expense Estimated Amount In-State
Estimated Amount Out-State
Tuition & Fees* $8,976 $21,141
Room & Board* $7,724 $7,724
Books & Supplies $1,100 $1,100
Transportation $1,400 $1,400
Personal Expenses $1,900 $1,900
Total Estimated Cost of Attendance $21,100 $33,265

Graduate Example

Educational Expense Estimated Amount In-State

Estimated Amount Out-State
Tuition & Fees* $7,308 $14,256
Room & Board* $7,498 $7,498
Books & Supplies $1,100 $1,100
Transportation $1,400 $1,400
Personal Expenses $1,900 $1,900
Independent Allowance $1,000 $1,000
Total Estimated Cost of Attendance $20,206 $27,154