My Estimated Cost for the 2024-25 Academic Year Created: March 08, 2024
ESTIMATED COST OF ATTENDANCE (OUT-OF-STATE) Paying for College
Tuition and fees $29,426
Living expenses (food and housing) $12,820
Books, course materials, supplies, and equipment $1,070
Transportation $390
Miscellaneous personal expenses $2,110
Total $45,816/yr
WHAT YOU WILL PAY FOR COLLEGE
Other Payment Options – $37,316
Net Price $45,816 Federal Student Loans – $5,500
Cost of Attendance minus Estimated Grants and Scholarships
Student Employment – $3,000
Options to Pay Net Price
WORK OPTIONS
MEDIAN BORROWING
Work-study or student employment $3,000 Students at Purdue University-Main Campus typically
Total $3,000/yr borrow $19,500 in Federal loans for their
undergraduate study. The Federal loan payment over
ESTIMATED LOAN OPTIONS 10 years for this amount is approximately $195 per
month. Your borrowing may be different.
Federal Direct Subsidized Loan $3,500
Federal Direct Unsubsidized Loan $2,000
Total $5,500/yr
Other options $37,316/ yr
Payment plan offered by the institution
Military and/or National Service benefits
Federal Direct PLUS Loan
Non-Federal private education loan
Expected Student Aid Index (FM): $20,008
(As calculated using information reported on this calculator)
FOR MORE INFORMATION
Division of Financial Aid:
128 Memorial Mall, Stewart Center, Room G18
West Lafayette, IN 47907
Telephone: (765) 494-5050
Email:
[email protected] Website: https://www.purdue.edu/dfa
Repaying your loans: To learn about loan repayment choices and create an estimate of your Federal Loan
monthly payment, go to: https://StudentAid.gov/manage-loans/repayment
Here is a private link to review your results:
https://www.shoppingsheet.com/pdf/nRydg2gjQ~lR7bTizANqj-dyT6A6cMTAfx5TeC7hPv0%3D
Scenario ID: 524472774
The estimate provided using this net price calculator does not represent a final determination or actual award
of financial assistance. The cost of attendance and financial aid availability may change. This estimate is not
binding.
Glossary
Cost of Attendance (COA): The total amount (not including grants, scholarships, loans, and work-study) that it
will cost you to go to school during the 2024-25 school year. COA includes tuition and fees; living expenses
(housing and food); and allowances for books, course materials, supplies, equipment, transportation,
miscellaneous personal expenses, and loan fees. It can also include dependent care; an allowance for the rental
or purchase of a personal computer; costs related to a disability; and reasonable costs for eligible study-abroad
programs. For students attending less than half-time, the COA includes tuition and fees; an allowance for books,
supplies, and transportation; and dependent care expenses. Your actual costs will vary according to your
residency, enrollment status, personal lifestyle choices, and academic program and coursework.
Grants and Scholarships: Student aid funds that do not have to be repaid. Grants are often need-based, while
scholarships are usually merit-based. Occasionally you might have to pay back part or all of a grant if, for
example, you withdraw from school before finishing a semester.
Net Price: An estimate of the actual cost that you or your family will need to pay during the 2024-25 school year
to cover education expenses at a particular school. Net price is determined by taking the institution's cost of
attendance and subtracting your grants and scholarships.
Work Study: A federal and/or state student aid program that provides part-time employment while you are
enrolled in school to help pay your educational expenses.
Loans: Borrowed money that must be repaid with interest. Loans from the federal government typically have a
lower interest rate than loans from private lenders. Federal loans, listed from most advantageous to least
advantageous, are Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans. You can find
more information about federal loans at StudentAid.gov .
Federal Direct Subsidized Loans: Loans made to eligible undergraduate students who demonstrate financial
need to help cover the costs of higher education at a college or career school.
Federal Direct Unsubsidized Loans: Loans made to eligible undergraduate, graduate, and professional
students, but in this case, the student does not have to demonstrate financial need to be eligible for the loan.
Federal Direct PLUS Loans: Loans made to graduate or professional students and parents of dependent
undergraduate students to help pay for education expenses not covered by other financial aid.
Student Aid Index (also referred to as SAI): A number used by a school to calculate how much need-based
financial aid you are eligible to receive based on the financial information you provided on your Free Application
for Federal Student Aid (FAFSA). The SAI is not the amount of money your family will have to pay for college, nor
is it the amount of federal student aid you will receive. The family contribution is reported to you on your FAFSA
Submission Summary, also known as the FSS. The FSS is a paper or electronic document that provides basic
information about your eligibility for federal student aid and lists your responses to the questions on the FAFSA.
Median Borrowing: The amount in federal loans the typical undergraduate student takes out at a particular
institution. It also indicates the monthly payments that an average student would pay on that amount using a 10-
year repayment plan.
