BYU-Idaho/Web-Content huggingface dataset:
Financial Planning: Budgeting | Financial Aid | BYU-Idaho

# Financial Planning: Budgeting

Request a Mentor

****Need help creating a financial plan? Read through the introduction and experience to learn the basic principles of creating a financial plan. Click on the buttons above to create your own financial plan. To learn more, try attending one of our upcoming workshops listed in the calendar to the right.****

## Introduction

A priority is something you value. Your priorities could include your health, spending time with family, saving for a new car, or paying for school. As a student at BYU-Idaho, one of your priorities should be your finances. To help you manage your financial priorities, the Semester Financial Plan (blue button) was created for you. It will help you see what income and expenses you have. By adding up all your sources of income and all your expenses, you can see where your money is going. If your total expenses are more than your total income, you may want to look for ways to spend less. As you learn to use your plan effectively, you will be better equipped to meet your financial priorities.

## Experience

Read about a student ****who was able to plan for a new home at age 19.****

- What was Jacob's priority?
- How did Jacob's financial plan help him reach his goal?
- After reading this story, why do you think your BYU-Idaho financial plan is important?

> Don't tell me where your priorities are. Show me where you spend your money and I'll tell you what they are.

James W. Frick

## Additional Resources

CashCourse

The Budgeting Wizard 
The Smart Students Guide to Starting 
Other Ways to Pay for Graduate School 
Saving Money on Food

churchofjesuschrist.org

Happily Ever After Begins by Budgeting Together

Dave Ramsey

10 Budgeting Myths You May Be Falling For
Debt Management | Financial Aid | BYU-Idaho

# Debt Management

Request a Mentor Semester Financial Plan

****Have questions about paying for college? Read through the introduction and experience to learn about basic financial planning principles. Click on the button above to create your own financial plan. To learn more, sign up for a financial wellness mentor or attend our budgeting workshop listed in the calendar to the right sign.****

## Introduction

When students can't afford to pay for their expenses, they may consider borrowing money. This is called debt. Some of the most common forms of debt are loans, including student and auto loans, and credit card debt. Debt typically comes with a cost, known as interest. Interest is a percentage of the amount you owe, and in most cases, you will end up paying more than what you originally borrowed.

There are many ways to avoid going into debt for school. One of the simplest is to use the Semester Financial Plan (blue button) to manage your resources wisely. Looking for ways to increase your resources or cut back on expenses can help prevent the need to borrow money. But not all debt is bad. When used properly and sparingly, it can help further worthy goals that otherwise could not have been achieved. However, borrowing money should only be considered after you have exhausted all other options. The more money you borrow, the longer it will take to pay back. So borrow only what you need and plan to pay it back as soon as possible.

## Experience

****Click to**** read about a student ****who sacrificed a "typical" college life style to graduate without debt.****

- What did Laura do to avoid borrowing money for school?
- How did Laura demonstrate stewardship, sacrifice, and self-reliance?
- What impressions do you have after learning about debt management? What do you want to start or stop doing as a result?

> If there is any one thing that will bring peace and contentment into the human heart, and into the family, it is to live within our means. And if there is any one thing that is grinding and discouraging and disheartening, it is to have debts and obligations that one cannot meet.

Gospel Standards: Sermons and Writings of Heber J. Grant

## Additional Resources

Cash Course

The Smart Students Guide to Managing Credit Card Debt 
The Bottom Line: True Costs of Borrowing Money

churchofjesuschrist.org

8 Things Newlyweds Should Talk About 
Getting Out of Debt - For Good
Giving Back | Financial Aid | BYU-Idaho

# Giving Back

On Campus Service Off Campus Service

Looking for ways to give back? Read through the introduction and experience to learn more about the basic principles of giving back. The buttons above will help you find service opportunities both on and off campus. To learn more, sign up for a financial wellness mentor.

## Introduction

Giving back is an opportunity to share your knowledge, wealth, and talents with others, and stems from feelings of gratitude. All blessings that we enjoy today were made possible by those who came before us. Because we have been given so much, we have a responsibility to make similar blessings available to future generations.

As a college student, time and money may be limited, but there are many ways to give back that require little of either. Sometimes you may need to get a little creative when thinking of ways to give back, but doing so will bless your life with joy and fulfillment.

## Experience

****Click to****read about a BYU-Idaho scholarship donor ****who chose to give back.****

- What do you think contributed to Arta's desire to give back?
- What blessings can come from obtaining a college degree?
- What impressions about giving back do you have after reading this story?

> 'We have all drunk from wells we did not dig and warmed ourselves by fires we did not build.' Having drunk from BYU's well, we have a lifelong opportunity and obligation for the continuing quality of that well.

## Additional Resources

Gospel

Some Thoughts on Butterflies, Replenishment, Environmentalism and Ownership

Dave Ramsey

Where Should Giving Fall in Your Budget? 
How Giving Can be the Key to Success

Other

Just Serve 
Learning to Give
International Students | Financial Aid | BYU-Idaho

# International Students

Request a Mentor Semester Financial Plan

****Have questions about paying for college? Read through the introduction and experience to learn about basic financial planning principles for international students. Click on the button above to create your own financial plan. To learn more, sign up for a financial wellness mentor or attend our budgeting workshop listed in the calendar to the right sign.****

## Introduction

Before you came to BYU-Idaho you were required to prove that you had sufficient funds to cover all of your expenses, which is typically done through a sponsor. While you can choose to sponsor yourself, usually a family member, friend or other acquaintance with the desire and financial means provides the necessary documentation. Whoever your sponsor is, he or she commits to providing a certain amount of financial assistance for a specific amount of time. You are responsible for finding your own sponsor and working together to determine how much they will assist. BYU-Idaho will not become your sponsor. If for any reason your sponsor can no longer support you, contact the International Services Department immediately.

Sometimes you may come across unforeseen expenses, such as a medical emergency. You should turn to the aid you received from your sponsor first and foremost. If you are in need of additional aid, BYU-Idaho has a number of financial resources that can be used to help international students with school expenses, but these are limited. The BYU-Idaho academic and general scholarships and on-campus employment opportunities are just a few examples of additional aid. You could also use the Semester Financial Plan (blue button) to budget your money for the semester. As you take responsibility for your finances, you will be able to more fully enjoy your time here at BYU-Idaho and experience greater peace in your life.

## Experience

****Click to****read about the sacrifices one international couple****made to attend BYU-Idaho.****

- What did Daniel and his wife sacrifice in order to come to BYU-Idaho?
- What resources did Daniel use to help pay for living and school?
- What impressions do you have after reading this story? What can you do now to become more self-reliant?

> We have continually felt the spirit as we seek to live principles of frugality, and take responsibility for our provident living.

Daniel Silva

## Additional Resources

BYUI.EDU

BYU-Idaho International Services 
Employment "Must-Knows" for International Students

CashCourse

Managing Money in a Foreign Country 
Study Abroad Budget Worksheet

Other

Study in the States
Financial Planning: Savings | Financial Aid | BYU-Idaho

# Financial Planning: Savings

Request a mentor Semester Financial Plan

****Looking to save money? Read through the introduction and experience to learn the basic principles of saving money. Click on the button above to create your own financial plan. To learn more, sign up for a financial wellness mentor or attend our budgeting workshop listed in the calendar to the right sign.****

Meet with a Peer Mentor

Learn the basics of budgeting, saving, and debt management by meeting with a peer mentor today! Contact us at (208) 496-1431 or peermentoring@byui.edu.

Contact Us Today!

## Introduction

Saving money is the simple act of setting aside a portion of your income each time you receive it. When it comes to saving money in college, it may seem like an impossible task. Many people tend to pay for living expenses before tithing and savings. Even though rent, food, and other bills are important, paying for them first often overwhelms your ability to save for the future and build financial security. The better approach is to pay tithing first, then yourself (savings), then living expenses. Use the Semester Financial Plan (blue button) to help you find ways to save extra money.

Your savings should be focused on three main areas:

- Emergencies: Save $500 as soon as possible to help guard against life's little surprises.
- Purchases: Want a newer car/computer/etc.? Save for it. Purposefully setting aside funds for larger purchases will get you there sooner than you think.
- Long-term/retirement: Thinking about this now will help you avoid a lot of stress later.

## Experience

Read about a student ****who, after several unforeseen expenses, was still able to stay in school because of his savings.****

- What was Jacob's priority?
- How did Jacob's financial plan help him reach his goal?
- After reading this story, why do you think your BYU-Idaho financial plan is important?

> If paying tithing means that you can't pay for water or electricity, pay tithing. If paying tithing means you can't pay your rent, pay tithing. If paying tithing means that you don't have enough money to feed your family, pay tithing. The Lord will not abandon you.

Aaron W.West

## Additional Resources

CashCourse

Saving Money While in College: It Can Be Done 
Just In Case: Building an Emergency Fund

Dave Ramsey

How to Save Money: 20 Simple Tips 
How to Save Money Fast

Gospel

Tips for Being Financially Prepared
Idaho LAUNCH In-Demand Careers 2024-2025 | Financial Aid | BYU-Idaho

# Idaho Launch BYU-Idaho Programs for 2024 Grads

To be eligible for the Idaho LAUNCH grant. Students need to be enrolled in an in-demand career program at BYU-Idaho. Below are the eligible BYU-Idaho degrees for 2024 Grads.

## Bachelor's Degree

Accounting

Advanced Vehicle Systems

Agribusiness

Animal Science

Apparel Entrepreneurship

Art Education Composite

Automotive Engineering Technology

Automotive Technology Management

Biochemistry

Biology

Biology Education

Biomedical Science

Business Analytics

Business Management

Business Management -- Marketing

Chemistry

Chemistry Education

Child Development

Civil Engineering

Cloud Computing

Communication

Computer Engineering

Computer Science

Construction Management

Cyber Security

Data Science

Early Childhood Education/Early Childhood Special Education

Earth Science Education

Electrical Engineering

Elementary Education

English Education

English Education Composite

Environmental Geoscience

Exercise Physiology

Family and Consumer Sciences Education Composite

Finance

Financial Economics

Food Sciences

Graphic Design

Healthcare Administration

History Education

Horticulture

Manufacturing Engineering Technology

Mathematics Education

Mathematics Education Composite

Mechanical Engineering

Music Education Composite

Nursing -- Pre Licensure

Physics Education

Plant Science and Technology

Public Policy and Administration

Recreation Management

Social Studies Education Composite

Social Work

Software Engineering

Spanish Education

Special Education K-12 Generalist

Supply Chain Management

Theatre Education

Virtual Design and Construction

Web Design and Development

Welding and Fabrication Technology

Welding Engineering Technology

## Associate's Degree

Allied Health

Animal Science

Architectural Technology

Automotive Technology

Cloud Computing

Construction Superintendency

Data Science

Educational Foundations

Electrical and Computer Engineering

Engineering Technology

Horticulture

Marketing

Physical Therapy Assistant

Plant Science and Technology

Professional Preschool Education

Web Design and Development

Welding and Fabrication Technology
Idaho LAUNCH In-Demand Careers 2025-2026 | BYU-Idaho

# Idaho Launch BYU-Idaho Programs for 2025 Grads

To be eligible for the Idaho LAUNCH grant. Students need to be enrolled in an in-demand career program at BYU-Idaho. Below are the eligible BYU-Idaho degrees for 2025 Grads.

## Bachelor's Degree

Accounting

Advanced Vehicle Systems

Agribusiness

Animal Science

Applied Business Management

Applied Health

Art Education Composite

Automotive Engineering Technology

Automotive Technology Management

Biochemistry

Biology

Biology Education

Biomedical Science

Business Analytics

Business Management

Business Management -- Marketing

Chemistry

Chemistry Education

Child Development

Cloud Computing

Communication

Computer Engineering

Computer Science

Cyber Security

Data Science

Early Childhood Education/Early Childhood Special Education

Earth Science Education

Electrical Engineering

Elementary Education

English Education

English Education Composite

Environmental Geoscience

Exercise and Rehabilitation Science

Finance

Financial Economics

Fisheries, Range and Wildlife Management

Food Sciences

Geology

Graphic Design

Healthcare Administration

History Education

Horticulture

Manufacturing Engineering Technology

Mathematics Education

Mathematics Education Composite

Mechanical Engineering

Music

Music Education Composite

Nursing -- Pre Licensure

Physics Education

Plant Science and Technology

Public Health

Public Policy and Administration

Recreation Management

Social Studies Education Composite

Social Work

Software Development

Software Engineering

Spanish Education

Special Education K-12 Generalist

Supply Chain Management

Theatre Education

Virtual Design and Construction

Web Design and Development

Welding and Fabrication Technology

Welding Engineering Technology

## Associate's Degree

Allied Health

Animal Science

Applied Business Management

Applied Health

Architectural Technology

Automotive Technology

Cloud Computing

Construction Superintendency

Data Science

Educational Foundations

Electrical and Computer Engineering

Engineering Technology

Horticulture

Marketing

Physical Therapy Assistant

Plant Science and Technology

Professional Preschool Education

Software Development

Web Design and Development

Welding and Fabrication Technology
Idaho LAUNCH In-Demand Careers 2026-2027 | BYU-Idaho

# Idaho Launch BYU-Idaho Programs for 2026 Grads

To be eligible for the Idaho LAUNCH grant. Students need to be enrolled in an in-demand career program at BYU-Idaho. Below are the eligible BYU-Idaho degrees for 2026 Grads.

## Bachelor's Degree

Accounting

Advanced Vehicle Systems

Agribusiness

Animal Science

Apparel Entrepreneurship

Applied Business Management

Art Education Composite

Automotive Engineering Technology

Automotive Technology Management

Biochemistry

Biology

Biology Education

Biomedical Science

Business Analytics

Business Management

Business Management -- Marketing

Chemistry

Child Development

Civil Engineering

Cloud Computing

Communication

Computer Engineering

Computer Science

Construction Management

Cyber Security

Data Science

Early Childhood Education/Early Childhood Special Education

Earth Science Education

Electrical Engineering

Elementary Education

English

English Education

English Education Composite

Environmental Geoscience

Exercise and Rehabilitation Science 
Family and Consumer Sciences Extension

Finance

Financial Economics

Fisheries, Range and Wildlife Management

Food Sciences

Geology

Graphic Design

Healthcare Administration

History

History Education

Horticulture

Manufacturing Engineering Technology

Mathematics

Mathematics Education

Mechanical Engineering

Music Education Composite 
Nursing -- Pre Licensure

Occupational Safety and Health

Physics

Physics Education

Plant Science and Technology

Political Science

Public Health

Public Policy and Administration

Recreation Management

Social Studies Education Composite

Social Work

Software Engineering

Spanish Education

Statistics

Supply Chain Management

Welding and Fabrication Technology

Welding Engineering Technology

## Associate's Degree

Applied Health

Animal Science

Applied Business Management

Architectural Technology

Automotive Technology

Child Development

Cloud Computing

Construction Superintendency

Data Science

Electrical and Computer Engineering

Engineering Technology

Floral Design

Marketing

Physical Therapy Assistant

Plant Science and Technology

Web Design and Development

Welding and Fabrication Technology
Program Applicability | Financial Aid | BYU-Idaho

# Understanding Program Applicability

## What is a Program Applicable course?

Program Applicable courses are classes you need for your declared major.

Your "Program" includes: 

- Your major courses.
- ****Only Required**** emphasis, minor, or cluster (if any).

****Only these courses apply for federal financial aid.****

## Are your courses Program Applicable?

Follow these steps to check if your courses apply:

1. Check the Program Applicability Tool (PAT).
2. Talk to an Academic Advisor if you're unsure. They will help you decide if a class is applicable to your major.
3. Make sure your courses are Program Applicable before the Financial Aid Determination Date (FADD).

## Are you in the right Program?

- The chart below shows you how to declare your Program before 11:59 pm MT on the Major Change Deadline.
- This Program decides which courses get aid for the whole semester.
- You can change your Program later, but it won't affect aid until next semester.

| Semester Major Change Goes Into Effect | Major Change Deadline |
| --- | --- |
| Spring 2025 | April 15, 2025 |
| Summer 2025 | July 22, 2025 |
| Fall 2025 | September 9, 2025 |
| Winter 2026 | December 30, 2025 |
| Spring 2026 | April 14, 2026 |
| Summer 2026 | July 21, 2026 |
| Fall 2026 | September 8, 2026 |

## Why does Program Applicability matter?

Federal student loans and grants come from federal tax dollars for students who complete the FAFSA, and it's only applicable for courses needed for graduation.

This helps you:

- Focus on finishing your degree.
- Use federal money wisely.
- Graduate faster.
- Lower your education costs.

## Who does this affect?

This affects students getting US federal financial aid (Pell Grants or federal loans) and other private or state scholarships. Other private or state scholarships may require your classes to be program applicable to receive scholarship funds.

Remember:

- Check your individual scholarship for their requirements.
- Academic Advising can help you know if your classes can be Program Applicable for your major.

For other questions, visit Financial Aid in Kimball 196, or use the chat bubble on this page to talk to an agent.

## Important things to remember:

- If your major requires an emphasis, minor, or cluster, those courses can get aid.
- If these aren't required, they only get aid if they count as electives for your major.
- Classes that "become Program Applicable" AFTER FADD don't get aid.
- If you drop a class and add it back, do it BEFORE FADD to keep your aid.
Financial Aid for Remedial and Repeated Courses | Financial Aid | BYU-Idaho

# Financial Aid for Remedial and Repeated Courses

## Remedial Courses

BYU-Idaho will award federal financial aid for these four remedial courses offered by the university:

- ENG 106
- ENG 109
- MATH 100B
- MATH 101

A student will be limited to 30 attempted credits of remedial courses for federal financial aid. These courses are not considered program applicable or as electives for financial aid purposes, but these courses will be:

- Included in Satisfactory Academic Progress Pace & GPA
- Included in grade-level progression
- Included in enrollment level
- Included to determine the Cost of Attendance
- Subject to the Financial Aid Determination Date

## Repeated Courses

A student may receive federal financial aid only once to retake a previously passed course (D- or higher grade). A withdrawal (W) does not count as attempts and should not be counted in determining eligibility for Federal Aid.
Request IRS Tax Documents | Financial Aid | BYU-Idaho

# Request IRS Tax Documents

Learn how to request IRS Tax Documents for FAFSA

## Verification of IRS Tax Non-filing

Verification of IRS Tax Non-filing may be requested from the IRS online, by phone (1-800-908-9946), by mail, or by appointment in an IRS office.

## Tax Return Transcript

Students, spouses, and parents may upload a Tax Return Transcript requested from the IRS or a hand-signed copy of the individual's 1040 or foreign income tax return.

****Form 1040****

- Document must be hand-signed and include all pages and Schedules: 
 - If there is income on line 6 of the 1040, include Schedule 1
 - If there is income on line 12 of the Schedule 1, include a Schedule C
 - If there is income on line 17 of the Schedule 1, include a Schedule E
 - If there is income on line 18 of the Schedule 1, include a Schedule F
 - If the box on line 11 of the 1040 is checked, include Schedule 2
 - If the box on line 12 of the 1040 is checked, include Schedule 3

****Free Tax Return Transcript**** 
A free Tax Return Transcript from the IRS may be requested online, by phone (1-800-908-9946), by mail, or by appointment in an IRS office.

When requesting a Tax Return Transcript, tax filers need to provide the following information:

- Social Security Number (SSN)
- Date of Birth
- Street Address (should match what was reported to the IRS for the tax year requested)
- Zip Code

## US Tax Return Information

The tax return must be hand signed by the taxpayer or must contain the following tax preparer information. Choose one option.

****Option 1**** 
The copy of the tax return must be hand signed by the tax payer.

- A copy of a filed 1040 along with any requested schedules may be obtained from the paid tax preparer or the software used to file taxes.

****Option 2**** 
Must contain the following tax preparer information:

- Paid Preparer's Name
- Paid Preparer's EIN, PTIN or SSN#
- Paid Preparer's Address

## Foreign Tax Return Information

Provide a hand-signed 1040 or a Tax Transcript, if it can be obtained for free.

Residents of these places should provide a 1040 PR Tax Transcript or a hand-signed 1040PR form:

- Puerto Rico
- Guam
- American Samoa
- US Virgin Islands
- Marshall Islands
- Federated States of Micronesia
- Palau

If a student/spouse/parent filed a foreign tax return, please provide a signed copy of the foreign tax return documentation.