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Title IV Federal School Code: 003196

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  Award Information - The Standard Expense Budget
 

  Award Information
· 
The Standard Expense Budget
· Types of Aid Available
· Additional Sources of Assistance
· The Award Letter
· Satisfactory Academic Progress
· Withdrawal Information
· Transfer Student Information
· Disbursement Information
· Revision Procedures
· Summer Term Students
· Sponsored Accounts
· Rights and Responsibilities

 

Your budget is an estimate of the costs you may incur while attending Lane. Financial Aid determines your budget based on the information you provided on the FAFSA. The budget includes allowances for tuition, fees, textbooks, supplies, transportation, and living expenses. It may include an allowance for childcare costs based on average rates in the Eugene/Springfield area. The Standard Expense Budget for less than half-time enrollment (1-5 credits) includes allowances for tuition, fees, textbooks and transportation. If you attend less than half-time, your Standard Expense Budget will adjust.

The following is an example of the Standard Expense Budget for three terms during the 2011-2012 academic year (Fall 2011, Winter 2012, Spring 2012):

  • Away from Home
    Tuition and Fees $ 3,195
    Books and Supplies $ 1,275
    Living, Personal, Travel $10,089
    Total Expenses $14,559

     
  • Living at Home
    Tuition and Fees $ 3,195
    Books and Supplies $ 1,275
    Living, Personal, Travel $ 5,112
    Total Expenses $ 9,582

If you attend summer term, additional costs will be added to your Standard Expense Budget. See Summer Term Students for more information.

If you are required to pay additional program costs, program fees, or differential fees, you may request a budget adjustment. You may also request a budget adjustment for costs that exceed the standard budget amounts by submitting documentation of the additional costs to Enrollment and Student Financial Services.

 
     

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