OFFICE OF FINANCIAL AID
300 College Park Dayton, Ohio 45469-1605
937-229-4311 FAX: 937-229-4338
Email: finaid@udayton.edu
Web Address: www.finaid.udayton.edu
Graduate Student Budget Appeal
2018-19 Academic Year
The Office of Financial Aid establishes a standard student expense budget¹ (also referred to as ‘cost of attendance’) for students in accordance with federal regulations (20
U.S.C. Sec. 1087ll). Commonly accepted educational expenses, such as tuition, fees, books, supplies, and personal allowance, are included. At the University of Dayton, the
standard budget encompasses an enrollment period of one academic year (two semesters). Students who enroll in the summer term in addition to the fall and spring will also
be provided a summer budget equal to half of the standard budget.
Full-time students (those taking a minimum of six hours a term) who feel the standard budget does not accurately reflect their expenses, may submit a budget appeal for
acceptable expenses². An increase to your budget will allow you to seek additional loan funds via the Federal Direct or a private loan program. In order to be considered for
additional funds, you must complete all sections of this form and submit it to our office for review. Incomplete forms may result in a delay in processing.
Please allow up to four weeks for your appeal to be reviewed.
Name Student ID # Phone #
Enrollment Period(s)/anticipated hours: Fall 2018 Spring 2019 Summer 2019
Total amount of increase requested: Program of study:
▪ Section I: Itemized Monthly Budget (* denotes supporting documentation required. See next page for details)
Student/Spouse Net Income (after taxes)
Child and/or Spousal Support
Transportation (not including car payments)
Graduate Assistant Stipend
Employer Tuition Remission
Other* _______________________
Total Expenses (per month):
Total Resources (per month):
▪ Section II: Financial Awareness
Educational loan indebtedness continues to be a growing concern, therefore, we require you to consider your current state of educational loan debt, monthly payment
obligation and monthly earning potential before requesting additional funds. In order for us to consider your budget appeal, we require you to review and note the following:
your aggregate Federal student loan amounts (www.nslds.ed.gov);
your estimated monthly payment for those loans (https://studentloans.gov/myDirectLoan/mobile/repayment/repaymentEstimator.action. This tool uses your loan
information from National Student Loan Data System (NSLDS) to estimate initial monthly payments, repayment plan eligibility, repayment plan cost comparison and
total interest paid); and
your monthly earning potential (http://www.bls.gov/oes/current/oessrcst.htm).
My total Federal student loan debt is $ My monthly repayment will be $ My projected monthly income will be $
▪ Section III: Certification and Signature
I hereby affirm that all information reported on this form and any attachments hereto is true, complete and accurate to the best of my knowledge. I understand that if any
federal student aid is received based on incorrect information, I will have to pay it back. I may also have to pay fines and/or penalty fees. I also understand that additional
documentation may be requested by the Office of Financial Aid.
Student Signature Date