Estimated Cost of Attendance

9 month Enrollment Period 

2008 - 2009	Dependent		Independent
	Parent Home	Other	Parent Home	Other
Tuition/Fees*	Please substitute the appropriate tuition. The Financial Aid Office is using the estimates as listed in the ESTIMATED ANNUAL TUITION CHARGES chart below.
Books/Supplies	950	950	950	950
Room	0	4850	0	4850
Board	3650	3650	3650	3650
Transportation	2040	2040	2040	2040
Medical	0	0	1178	1178
Personal/Misc.	1600	1600	1600	1600

Parent Home category indicates you will live with your parents.

Other indicates you will live in an apartment or one of the Residence Halls.

2007 - 2008	Dependent		Independent
	Parent Home	Other	Parent Home	Other
Tuition/Fees*	Please substitute the appropriate tuition. The Financial Aid Office is using the estimates as listed in the ESTIMATED ANNUAL TUITION CHARGES chart below.
Books/Supplies	950	950	950	950
Room	0	4360	0	4360
Board	3340	3340	3340	3340
Transportation	2040	2040	2040	2040
Medical	0	0	986	986
Personal/Misc.	1600	1600	1600	1600

Parent Home category indicates you will live with your parents.

Other indicates you will live in an apartment or one of the Residence Halls.

Estimated Annual Tuition Charges 

2008 - 2009
Resident Undergraduate Tuition*	Based on 12-18 credits both semesters	$7,576
Non-Resident Undergraduate Tuition*	Based on 12-18 credits both semesters	$17,306
Resident Graduate Tuition	Based on 8 or more credits both semesters	$9,460
Non-Resident Graduate Tuition	Based on 8 or more credits both semesters	$23,826
Other Categories should refer to the Bursar's Office website for the most recent Fee Schedule, http://www.bfs.uwm.edu/fees/. *Includes an average charge of $155 per semester in Differential Tuition cost.

2007 - 2008
Resident Undergraduate Tuition*	Based on 12-18 credits both semesters	$6,860
Non-Resident Undergraduate Tuition*	Based on 12-18 credits both semesters	$16,856
Resident Graduate Tuition	Based on 8 or more credits both semesters	$9,372
Non-Resident Graduate Tuition	Based on 8 or more credits both semesters	$23,738
Other Categories should refer to the Bursar's Office website for the most recent Fee Schedule, http://www.bfs.uwm.edu/fees/. *Includes an average charge of $146 per semester in Differential Tuition cost.

Loan Fees

2008 - 2009
Average Stafford Loan Fees	Undergraduate	$44
Average Stafford Loan Fees	Graduate	$44
Average PLUS (Parent Loan) Fees		$274
Average GRADUATE PLUS Fees	Graduate	$224

2007 - 2008
Average Stafford Loan Fees	Undergraduate	$134
Average Stafford Loan Fees	Graduate	$88
Average PLUS (Parent Loan) Fees		$340
Average GRADUATE PLUS Fees	Graduate	$62

Please note that these are standard budgets based primarily on averages. If your tuition/fees, including Differential Tuition or other educational related expenses, exceed the standard budget amount, your budget can be reviewed and possibly adjusted based on documentation you submit.

Calculating Your Amount Due of Your Excess Cash by Semester 

	Fall Semester	Spring Semester
List Grant Total
Add Stafford Loan(s) (minus fees if applicable)
Add Otder Loans (Perkins, Minority Teacher Loan, or Nursing)
Add Scholarships
= Total Aid
Subtract University charges
= Amount due or Your Excess Cash Check

This chart only takes into consideration your university expenses. You will need to determine whether the financial aid you have been offered is sufficient to cover your other educational expenses based on your own individual budget. If the aid you have been offered is less than your Estimated Cost of Attendance, you could consider an Alternative Educational Loan or the Parent Loan for Undergraduate Students (PLUS) as another resource. Graduate students may apply for the Graduate PLUS loan. Visit our website for details and to apply online using one of our preferred lenders. Allow 4-8 weeks for processing of this type of loan request.

If the last row is a negative number, you will need to pay this amount to the Bursar's Office. Due dates are typically 7 days before the start of the semester. If you are unable to pay the amount you owe, you can sign up through the Bursar's Office for the University Payment Plan. If there is a positive amount, this is the remaining balance that you have available to use for other educational expenses such as food, housing, or books. A check is mailed to you from the Bursar's Office that should arrive during the first week of classes.

Federal Work Study (FWS) is not included in this chart because you do not receive it in one lump sum. You must be hired in a FWS position. You receive your funding through earning a biweekly paycheck. If you have never received FWS before and would like more details, please see our web page http://www4.uwm.edu/financialaid, where you can read the 2008-2009 Handbook, or contact our office at 414-229-4541.

Determining Need 

Federal methodology (FM) is used to determine an applicant's eligibility for aid. The Federal Government mandates formulas which measure a family's ability to pay for a post secondary education. Your EFC (estimated family contribution) is calculated using the information provided on the FAFSA.

The equation for determining need is:
Cost of Attendance - Family Contribution (determined by FM) = Financial Need (a student is eligible for this amount in need based financial assistance.)

The financial aid award assumes the student will be paying full-time fees. If this assumption is not accurate, the offer may be reduced. A student must be enrolled at least half-time to receive aid (except for PELL grant assistance.)