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    How Much Is My Financial Aid Award?

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    sean forrester
    - Sean Forrester was admitted to Knox College and awarded $57,248 in financial aid for the 2021-2022 school year, including grants, scholarships, work study, and subsidized and unsubsidized loans. - The total cost of attendance is $61,797 per year. After financial aid, Sean's remaining cost is $7,609 per year or $634 per month over 12 months. - Sean was also awarded a $2,000 grant for experiential learning opportunities like internships or study abroad during his junior or senior year.

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    How Much Is My Financial Aid Award?

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    sean forrester
    27 views3 pages
    - Sean Forrester was admitted to Knox College and awarded $57,248 in financial aid for the 2021-2022 school year, including grants, scholarships, work study, and subsidized and unsubsidized loans. - The total cost of attendance is $61,797 per year. After financial aid, Sean's remaining cost is $7,609 per year or $634 per month over 12 months. - Sean was also awarded a $2,000 grant for experiential learning opportunities like internships or study abroad during his junior or senior year.

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    Knox aid

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    - Sean Forrester was admitted to Knox College and awarded $57,248 in financial aid for the 2021-2022 school year, including grants, scholarships, work study, and subsidized and unsubsidized loans. - The total cost of attendance is $61,797 per year. After financial aid, Sean's remaining cost is $7,609 per year or $634 per month over 12 months. - Sean was also awarded a $2,000 grant for experiential learning opportunities like internships or study abroad during his junior or senior year.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    27 views3 pages

    How Much Is My Financial Aid Award?

    Uploaded by

    sean forrester
    - Sean Forrester was admitted to Knox College and awarded $57,248 in financial aid for the 2021-2022 school year, including grants, scholarships, work study, and subsidized and unsubsidized loans. - The total cost of attendance is $61,797 per year. After financial aid, Sean's remaining cost is $7,609 per year or $634 per month over 12 months. - Sean was also awarded a $2,000 grant for experiential learning opportunities like internships or study abroad during his junior or senior year.

    Copyright:

    © All Rights Reserved
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    of 3

    759837

    April 14, 2021

    Sean Forrester
    4206 N Drake Ave
    Chicago, IL 60618-1113

    Dear Sean,

    Congratulations again on your admission to Knox College. We believe that a Knox education is a smart
    investment in your future, but, of course, it is also a sizable one. We're doing everything we can to make it
    affordable for you and your family. Here's some information you'll want to know:

    HOW MUCH IS MY FINANCIAL AID AWARD?


    Based upon careful review of your Free Application for Federal Student Aid (FAFSA) results and other
    information you have submitted to our office, we are pleased to offer you the following financial aid award.

    GRANTS AND SCHOLARSHIPS FALL WINTER SPRING TOTAL


    State of IL MAP Grant (Est) $1,780 $1,780 $1,780 $5,340
    Federal Pell Grant $1,181 $1,181 $1,183 $3,545
    Federal SEOG Grant $183 $183 $184 $550
    Knox Founders Scholarship $1,666 $1,666 $1,668 $5,000
    Knox Residential Grant $1,333 $1,333 $1,334 $4,000
    Knox Trustees Scholarship $5,000 $5,000 $5,000 $15,000
    Knox Grant Award $5,104 $5,104 $5,105 $15,313

    SELF-HELP
    Federal Work Study $1,000 $1,000 $1,000 $3,000
    Federal Direct Loan - Subsidized $1,166 $1,166 $1,168 $3,500
    Federal Direct Loan - Unsubsidized $666 $666 $668 $2,000

    TOTAL AID OFFERED $19,079 $19,079 $19,090 $57,248

    In addition, we are offering you a $2,000 GRANT—THE POWER OF EXPERIENCE GRANT—TO


    SUPPORT EXPERIENTIAL LEARNING opportunities during your junior or senior year. Opportunities
    may include research or creative work, internships, service work, or study abroad. An announcement and
    more information is enclosed. You can also learn more at knox.edu/power.
    759837

    HOW DO I ACCEPT, ADJUST, OR DECLINE MY AWARD?


    To accept this award, you don't need to do anything more than submit your enrollment deposit (see below
    for more details). To reduce or decline any of the awards, email our office at [email protected].

    WILL THE AMOUNT OF MY AWARD CHANGE?


    Any changes in the financial information submitted on your FAFSA or Knox Financial Aid Application,
    such as your or your family's income, may result in an adjustment to your award. Occasionally, we may ask
    you to submit additional information to comply with federal verification guidelines.

    HOW MUCH WILL I HAVE TO PAY?


    We have also enclosed a customized Cost and Financial Aid Summary, which provides an estimate of the
    remaining cost to you after financial aid and provides space for you to compare this award with other
    colleges you may be considering.

    HOW CAN I LEARN MORE ABOUT MY AWARD AND PAYMENT OPTIONS?


    The enclosed Investing in Your Future brochure provides additional information about your awards. It also
    gives you an overview of payment and billing options, including Federal Direct PLUS (parent) loans, so
    you can find the right combination of resources to make your Knox education a reality. Our staff will work
    with your family to help develop a plan that is best for your circumstances.

    HOW DO I ENROLL AT KNOX?


    To secure your place in the Knox College Class of 2025, submit your $300 enrollment deposit to the Office
    of Admission no later than May 1. Instructions for submitting your deposit are available at knox.edu/yes.

    WE'RE HERE TO HELP.


    Getting ready for college is exciting although it sometimes brings questions and can create anxiety—
    especially figuring out how to pay for it. If you have any questions at all, please do not hesitate to contact
    your admission counselor, Nadia J. Flores.

    Sincerely,

    Leigh Brinson
    Director of Student Financial Services
    759837

    Name: Sean Lee Forrester


    Date: April 14, 2021

    Knox College 2 College 3


    Tuition $50,784 ______________ ______________
    Fees $792 ______________ ______________
    Room $5,040 ______________ ______________
    Board $5,181 ______________ ______________

    Total Costs $61,797 ______________ ______________

    State of IL MAP Grant - Estimate $5,340 ______________ ______________


    Federal Pell Grant $3,545 ______________ ______________
    Federal SEOG Grant $550 ______________ ______________
    College (Knox) Scholarships $20,000 ______________ ______________
    College (Knox) Grant $19,313 ______________ ______________
    Federal Direct Loan - Subsidized (99%) $3,462 ______________ ______________
    Federal Direct Loan - Unsubsidized (99%) $1,978 ______________ ______________
    ______________ ______________
    ______________ ______________
    ______________ ______________
    Total Financial Aid $54,188 ______________ ______________

    Total Costs less Total Financial Aid: $7,609 ______________ ______________

    Cost Per Term (Three Terms) $2,536

    Cost Per Month $634


    (12 Monthly Payments (four per term); plus $35 fee per term)

    Your Work Study/Campus Employment award is not included in the financial aid above. Earnings from employment on campus
    can either be applied to your bill or used for personal expenses. Your award of $3,000 means you can work on-campus.

    Options you might consider to pay your “Remaining Cost to Attend Knox” such as loans and payment plans are outlined in the
    Investing in Your Future brochure.

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