Estimating the Annual Budgeted Amount
The Annual Budgeted Amount is the total estimated annual expenses less the total estimated credits (financial aid awards, student loans, scholarships, etc.). If enrolling for the 10 month Payment Plan, you may budget different or like amounts for each term.
The link below is to an estimated student budget for the Fall/Winter terms as provided by the Financial Aid Office. This may be a useful guide in establishing the annual budgeted amount.
It is recommended that in estimating expenses students estimate high and in estimating credits, estimate low. Credits for scholarships, financial aid, grants, etc. may not be applied to the Sallie Mae Payment Plan account. In this case, please contact Sallie Mae by phone at 1 (800) 635-0120 to adjust the amount of the Annual Budgeted Amount.