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Title: Net Price Calculator: Financial Aid Estimates & FAFSA Information

by David Harrison – Chief Editor

Understanding‍ Your College Costs: A Guide to the University of Illinois Urbana-Champaign‘s Net Price Calculator

Navigating the cost of higher education can ⁤be ​daunting. The university⁤ of illinois Urbana-Champaign’s Office ⁢of Student Financial Aid‍ offers⁢ a valuable ⁢tool to help⁢ prospective ‌students estimate their potential financial aid package:⁤ the Net Price Calculator.⁢ This resource provides​ a personalized estimate of college costs after factoring⁢ in potential ⁢financial aid,‍ allowing⁣ students and families to plan accordingly.

Who Can Use this Tool?

It’s notable​ to ⁢understand‍ eligibility. Most federal and ‍state financial aid programs, including those offered by ⁣Illinois, require U.S. citizenship,U.S. national status (including residents⁢ of American​ Samoa or ⁣Swain’s Island), or permanent residency. Therefore, the‍ Net Price ⁢Calculator ⁢is designed‌ for ​use by these students.International students are not eligible for federal ​or state of Illinois⁤ financial aid and should consult the dedicated resources‍ available to them⁢ at https://osfa.illinois.edu/types-of-aid/international-students.

Important Distinction: Estimator​ vs. Submission

The Net Price Calculator ⁣is not a ⁣financial aid ​application. It’s a preliminary estimator.To formally apply ⁢for financial⁢ aid, ⁤students⁣ must ⁤complete ⁣the Free ‌Application for‍ Federal Student Aid ‍(FAFSA) – available at⁢ https://studentaid.gov/h/apply-for-aid/fafsa.⁤ ​ If you’ve already submitted your 2025-2026 FAFSA, utilizing ⁣your Student Aid Index ​(SAI) within the Net Price‍ Calculator will provide a more accurate estimate.

What ‌to Expect ​from the Estimate

The ⁤financial‌ aid estimates generated by the ⁤calculator are ‌based on full-time ‌undergraduate enrollment. ‌ It’s crucial to note that the ‍estimate does not include potential merit-based scholarships​ awarded by the ⁣university, nor does it account for private scholarships obtained from external sources. Additionally, students ​eligible for federal or⁤ state military benefits may experience ⁢aid‌ adjustments not reflected in the ⁤calculator’s results.

Privacy and Disclaimer

The University of Illinois⁣ Urbana-Champaign does not store ⁤any of the ​information you provide or the results you receive from the Net Price calculator. ⁢ ‌For your ‌records, you should print ⁢the results if desired.

Crucially, the estimate provided is for informational purposes only. It is not ‍a guarantee ​of financial assistance, a final‌ determination‍ of aid ​eligibility, or a binding offer. The estimate is not legally binding⁤ on the​ Secretary of ⁢Education, ⁤the University of Illinois Urbana-Champaign, or‌ the ⁤State of Illinois.

This tool is a starting point for financial planning, and students ‌are encouraged to ‍explore all available resources‌ through the Office of Student Financial ⁢Aid to understand ‌their options fully.

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