Education Funding Worksheet

Resources:

• Tuition and Fees Calculator/Financial Plan (www.phoenix.edu/financialplanassignment)
• National Student Loan Data System (www.nslds.ed.gov)
• Bureau of Labor Statistics (www.bls.gov)
• 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.

1 This year's total tuition costs

2 How much of your tuition is currently funded through loans?

3 How much of your tuition is currently funded through personal savings or salary?

4 How much of your tuition is currently funded through scholarships, grants (including Pell Grants), military benefits, employer reimbursement, and/or other sources?

5 Unfunded tuition costs $0

6 List at least two ways you could change your educational financial plan in future years

7 How much student loan debt do you expect to have at graduation?

8 What is the average starting salary you expect after graduation?

9 Do your student loans exceed your expected annual starting salary? NO

10 What can you do to reduce the amount you borrow? Potential

11 What is the standard monthly payment for the total amount you expect to borrow?

12 What other repayment plans could help you lower your monthly payment?

Attachment:- Education_Funding_Worksheet.xls