396x Filetype XLSX File size 0.20 MB Source: www.kumc.edu
Budget Worksheet - Cost of Attendance vs. Actual Spending
To use this spreadsheet, fill in the white, blank fields with your personal information. Once you have completed your entries, the "Surplus/Deficit" chart will show you how well you are living within the
established Student Financial Aid Cost of Attendance. Use this spreadsheet to determine where you may be overspending, and how much more you may need to borrow to meet your educational needs.
Never overborrow if you can reduce your spending! Don't forget, the Student Financial Aid Office can only provide monthly living expenses for the number of months you are enrolled. If you are only
enrolled for 9 months in a year, your financial aid will not be available to cover your summer expenses. If you are not working, you may need to reduce your monthly spending to stretch out your
financial aid to meet your summer expenses.
Annual Income - July 1, 2022 through June 30, 2023
Financial Aid
Work
Family
Other
Annual Total $ -
Monthly amount $ -
Surplus/Deficit
Monthly Annually
$0 $0
If the total in this chart is positive, you are living within the budget set by Student Financial Aid. If the
total is negative, you are spending more money that what is available through financial aid. This means
you will need to reduce spending or find another source of income.
Budget Worksheet - Cost of Attendance vs. Actual Spending
To use this spreadsheet, fill in the white, blank fields with your personal information. Once you have completed your entries, the "Surplus/Deficit" chart will show you how well you are living within the
established Student Financial Aid Cost of Attendance. Use this spreadsheet to determine where you may be overspending, and how much more you may need to borrow to meet your educational needs.
Don't forget, the Student Financial Aid Office can only provide monthly living expenses for the number of months you are enrolled. If you are only
enrolled for 9 months in a year, your financial aid will not be available to cover your summer expenses. If you are not working, you may need to reduce your monthly spending to stretch out your
2022-23 Expenses
2021-22 Direct Educational Expenses (Annual)
CATEGORY EXPENSE
Tuition
Fees
Books
TOTAL $ -
Monthly Amount Available AFTER Direct Educational Expenses $ -
Monthly Expenses
2021-22 COA Your Actual Surplus/
CATEGORIES Monthly Monthly Shortage
Budget Expenses
Room/Board
Rent $743 $743
Food $500 $500
Utilities-Electric $83 $83
Utilities-Gas $63 $63
Utilities - Water/Trash $38 $38
Utilities - Phone $82 $82
Utilities - Internet Service $51 $51
Total Room/Board $1,560 $0 $1,560
Personal/Medical
Personal Care $53 $53
Personal Property Insurance $12 $12
Dental/Medical $83 $83
Laundry $19 $19
Health/Dental/Vision Insurance $190 $190
Miscellaneous $112 $112
Clothing $50 $50
Total Personal/Medical $519 $0 $519
Transportation
Car Insurance $95 $95
License/Registration $20 $20
Gasoline $103 $103
Repairs/Maintenance $90 $90
Parking $13 $13
Total Transportation $321 $0 $321
Optional Expenses (Not included in COA)
Credit Card Bills $0 $0
Car Payments $0 $0
Other $0 $0
Other $0 $0
Other $0 $0
Total Add'l Expenses $0 $0 $0
TOTAL LIVING EXPENSES $2,400 $0 $2,400
Surplus/Deficit Based on Income vs. Expenses $0
If the total in the "Surplus/Shortage" column is positive, you are living within the budget set by
Student Financial Aid. If the total is negative, you are spending more money that what is
available through financial aid. This means you will need to reduce spending or find another
source of income.
no reviews yet
Please Login to review.