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- Description
FP 120 Week 3 Education Funding Worksheet
Instructions
Resources:
- Tuition and Fees Calculator/ Financial Plan
- National Student Loan Data System
- Bureau of Labor Statistics
- Phoenix Career Guidance System
Read the Education Funding Worksheet instructions.
Complete the Education Funding Worksheet in Microsoft® Excel®. Responses will include numbers and text to respond to questions.
Submit your assignment to the Assignment Files tab.
| This year’s total tuition costs | |||
| How much of your tuition is currently funded through loans? | |||
| How much of your tuition is currently funded through personal savings or salary? | |||
| How much of your tuition is currently funded through scholarships, grants (including Pell Grants), military benefits, employer reimbursement, and/or other sources? | |||
| Unfunded tuition costs | $0 | ||
| These options are best suited to address my unfunded tuition: | $ Covered | ||
| 1 | |||
| 2 | |||
| 3 | |||
| 4 | |||
| 5 | |||
| Total | $0 | ||
| List at least two ways you could change your educational financial plan in future years | |||
| How much student loan debt do you expect to have at graduation? | |||
| What is the average starting salary you expect after graduation? | |||
| Do your student loans exceed your expected annual starting salary? | NO | ||
| What can you do to reduce the amount you borrow? | Potential | ||
| If you do not have any loans, what would you suggest to another student? | Savings | ||
| 1 | |||
| 2 | |||
| 3 | |||
| 4 | |||
| Total | $0 | ||
| What is the standard monthly payment for the total amount you expect to borrow? | |||
| What other repayment plans could help you lower your monthly payment? | |||