It is designed to be used by full time students while referring to their financial aid awards and other resources. The figures are based on the standard HGSE student budget and allowable living expenses for the 9 month academic year- also known as the estimated cost of attendance. Total financial aid from all sources can not exceed the total student budget, including the living expense allowances. Your actual living and personal expenses may vary from our allowances, but they should not be exceeded.
Students with less expenses than our allowances should consider reducing loans if applicable. You are encouraged to review expenses and the full report to determine if there will be any budget short falls. Reviewing the monthly versus semesterly breakdown in expenses will hopefully help you in staying on a monthly budget and not overspending early in each term. If you have a shortfall, you must either increase resources (supplemental loans may be an option) and/or reduce actual expenses (such as rent or personal expenses) to help stay on budget.
Students are encouraged to review the supplemental loan information on our website to determine which loan meets your needs and how to apply for these loans.
Please note this calculator is intended as a planning tool and general guide. Actual expenses and resources may vary.