Why does my Financial Aid Statement differ from the Estimated Student Account Statement I received from the Business Office?
The Financial Aid Statement includes items such as work study contracts and does not include the credit for the reservation deposit you paid to reserve your spot at the College. As well, if a parent Plus loan is borrowed to help finance your education, the College actually receives the net amount of funds after lender fees are deducted from the proceeds. Your financial aid form lists the gross amount borrowed including any deducted origination fees. Other differences may occur if various dorm or other charges are added after your Financial Aid Statement has been mailed.
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