Financial aid funds should be applied primarily to these expenses. However, it is apparent that you will also have living expenses related to college attendance. Therefore, additional allowances are made in the student budget for transportation, room, board, personal and recreational expenses. Therefore, you should examine your priorities and life-style to determine the most appropriate ways to save money in these budget areas. Keep in mind that the above illustration is based on average financial aid awards.
Some students receive more aid and others less.
Institutional policy and available funds will determine the level of financial need, which can be met through financial aid.