Each year the Rio Salado College Financial Aid Office establishes standard student budgets based on institutional costs and estimated costs of living. These budgets represent an estimate of the Cost of Attendance for Rio Salado College’s Distance Learning Programs. The amount of aid that a student receives cannot exceed the institution’s Cost of Attendance.
Two-semester budgets are based on 8 months of instructions represented by a 16-week Fall Semester Block and a 16-Week Spring Semester Block. Single semester budgets are based on 4 months of instruction represented by a 16-week Fall, 16-week Spring, or 16-week Summer Semester Block. Students attending a single semester will only be awarded for the Cost of Attendance for the single period of enrollment.
By comparing the Cost of Attendance to the student’s Estimated Family Contribution (EFC), the Financial Aid Office is able to assess student need, and process financial aid awards in a fair manner for all financial aid applicants within the appropriate regulatory guidelines for each specific aid program.
This budget reflects typical expense patterns for Rio Salado students in Distance Learning Programs. Some students will spend more than the standard amounts, while others will spend less, depending on individual lifestyles and circumstances. Eligibility for financial aid, however, is based on the standard budget allowances listed below – not on individual preferences and spending habits.
Remember, to receive financial aid, students must be eligible to qualify for financial aid and be enrolled in and participating in an eligible degree or certificate program.
These figures represent Fall and Spring semester blocks with enrollment of six credit hours or more AND Fall or Spring single periods of enrollment.