Monthly Tuition Payment Plan Calc-aw

Fairfield University Monthly Tuition Payment Plan ? Semester-Based

This worksheet may be used to calculate a monthly payment plan amount.

**Please use semester expenses and deductions for the calculation.**

Eligible Costs: (Reminder: books and personal expenses may not be included in monthly payment plans)

Tuition Room & Board General Fee (fall only) Health Insurance

$___________ + $___________ + $___________ + $___________

(Residence hall, townhouse, or apartment + meal plan cost)

(If not waiving)

Total Eligible Expenses (A)= $___________

Deductions:

Scholarships/Grants

$___________

Loans

+ $___________

alternative loans)

Direct Payments to School + $___________

(University aid or outside scholarships) (Federal Direct Loans, Federal Parent PLUS loans,

(i.e. Family member paying, 529 payment)

Total Deductions (B) = $___________

Contract amount monthly plan = (A ? B)= $___________

Divided by 5 months

= $___________ Monthly payment plan amount

5 Month Payments Plans Fall semester (June 1 ? October 1) are applied to fall semester billing Spring Semester (November 1 ? March 1) are applied to spring semester billing

*Families are able to adjust plans (increase or decrease) prior to last payment due.

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