CASE STUDY 3:
This third case study is a dependent
student whose parents are married. This
student is a computer science major with
a high school GPA of 3.3 and a combined
score for Critical Reading and Math of
1170 on the SAT. The parents’ income
is $48,000, plus the father receives
$17,000 in unemployment benefits for
a total income of $65,000. The parents
have $2,000 in bank accounts and have
$10,000 in investments. There are 4
family members in the household, and
the student earns $2,350 in income and
has $200 in a bank account. This student
plans to live on campus. The results of
the FAFSA indicate the student’s EFC
(Expected Family Contribution) is $5,145.
The estimated financial aid
offered to the student:
•
Federal Pell Grant
$602
•
Distinguished Scholar Award
$15,000
•
UNH Grant-in-Aid
$5,900
•
Federal Subsidized Student Loan
$3,500
•
Federal Unsubsidized Student Loan
$2,000
The family would owe approximately
$22,038 to UNH for the year. The parents
are considering the options of applying
for the Federal Direct Parent Loan or
finding a family member who will be a
credit-worthy co-signer for the student
on a private alternative loan.
CASE STUDY 4:
The fourth case study is a dependent
student whose parents are divorced.
The student lives with her mother and her
mother is remarried. This student plans
to commute from home. The student has
a 2.7 high school GPA and a combined
score for Critical Reading and Math of
1220 on the SAT. The mother and step-
father’s income is $122,000, and they
have $11,000 in a bank account and
$17,000 in investments. There are
5 family members in the household, and
the student does not earn any income.
The results of the FAFSA indicate the
student’s EFC (Expected Family Contribu-
tion) is $21,244.
The estimated financial aid
offered to the student:
•
Charger Award
$10,000
•
Federal Subsidized Student Loan
$3,500
•
Federal Unsubsidized Student Loan
$2,000
With the student living at home, the
student would not be charged for room
and meals on campus. Therefore, the
family would owe approximately $19,130
to UNH for the year.
With the same family scenario above
but with the student living on campus,
the student’s estimated financial aid
would be: Charger award $10,000, UNH
Grant-in-aid $7,600, Federal Subsidized
Student Loan $3,500, and Federal
Unsubsidized Student Loan $2,000.
The family would owe approximately
$25,940 to UNH for the year.
CASE STUDY 5:
The fifth case study is an independent
student who plans to live on campus.
This student has court documents indicat-
ing that the student is in legal guardianship.
This student has a 3.9 high school GPA
and received a combined score for Critical
Reading and Math of 1350 on the SAT. The
student has $5,725 in income. The results
of the FAFSA indicate the student’s EFC
(Expected Family Contribution) is $0.
The estimated financial aid
offered to the student:
•
Federal Pell Grant
$5,730
•
Presidential Scholarship
$20,000
•
UNH Grant-in-aid
$2,300
•
Federal Subsidized Student Loan
$3,500
•
Federal Unsubsidized Student Loan
$6,000
The student would owe approximately
$11,510 to UNH for the year. The student
has the option of borrowing through a
private alternative loan to assist with pay-
ing the remaining balance but will need a
credit-worthy co-signer. The student also
has the option to use the tuition payment
plan through TMS.
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