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Indiana University Kokomo
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Financial Aid Scenario

Student Scenario 5: Sample Student "Ellen"

Academics and Family:

Ellen is a single parent living in Kokomo, IN. She is a recent Accounting A.S. graduate from Ivy Tech with a 3.7 GPA. She is going to be attending 6 credit hours at IU Kokomo in the Bachelor of Science in accounting program. Her previous academic work at Ivy Tech qualifies her for the Ivy Tech Transfer Scholarship. She earned $6,307 and received $4,400 in child support last year.

Expected Family Contribution: $0

Financial Aid Package for the 2010-2011 school year:

  • $500 Ivy Tech Part-time Transfer Scholarship
  • $2,336 Federal Pell Grant
  • $300 Federal SEOG Grant
  • $5,500 Federal Stafford Subsidized Loan
  • $8,636 Total Assistance
  • -$2,973 2010-2011 Estimated IU Kokomo tuition, fees and books
  • $5,663Credit balance educational expenses (ie: transportation and living expenses)

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