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54To help make college more affordable, Pace offers an extensive financial aid program to its students.University-sponsored scholarships are awarded to students on the basis of academic merit, service to the community, and financial need. Our goal is to offer every student as much financial assistance as possible based upon availability and need. n The average amount of institutional aid offered to all new undergraduate admits is $16,130.n Last year, students at Pace received more than $260 million in aid.n 97 percent of first-year students received financial aid.n Merit-based aid is based on SAT scores, high school GPA, extracurricular activities, and other factors.n Need-based aid is determined by academic qualifications and demonstrated financial need.n Merit-based awards range from $4,000 to $18,500.Financial assistance can come from many places, including scholarships, grants, on-campus employment, and loans. To apply, simply complete the Free Application for Federal Student Aid (FAFSA) by February 15. You can continue to file after this date; however, consideration for funds will be given on a first-come, first-served basis. Financial AidFINANCIAL AIDBelow are the estimated educational cost budgets of full-time, matriculated undergraduates starting enrollment at Pace during the 2010-2011 academic year.A college education is an investment that will return value throughout your lifetime.* Standard Fees include the General Institution Fee, Student Activities Fee, Technology Fee, and University Health Care Services Fee.? This figure will vary depending upon residence, room, and meal plan selection.? Resident students live on the Pace campus in Pace housing. Commuter students do not.Note: Pace University reserves the right to change tuition, fees, and room and board rates. When determining financial aid packages, we take into consideration the total cost of attendance, which includes fees not paid to Pace such as books, spending money, and transportation costs.For more information on our outstanding financial aid program or to apply for financial aid, visit{Tuition $ 32,656$ 32,656Standard Fees* $ 1,046$ 1,046Room and Board? $13,800$ 11,900 TOTAL DIRECT COSTS $47,502 $ 45,602Living Allowance $ 0 $ 0Books $ 800 $ 800Personal Expenses $ 1,252$ 1,252 Transportation $ 600$ 600 $ 32,656$ 1,046$ 250$ 33,952 $ 2,600 $ 800 $ 1,252 $ 1,350INDIRECT COSTSDIRECT COSTSNEW YORK and WESTCHESTER COMMUTER TOTAL DIRECT AND INDIRECT COSTS $ 50,154 $ 48,254 $ 39,954 NEW YORK RESIDENT ?WESTCHESTER RESIDENT ?pace.edu/financialAid

55 Financial AidFINANCIAL AIDThere's no need to wait until your taxes are filed; apply by February 15 for maximum consideration. Pace University's Federal School Codes: Pace New York City: 002791Pace Westchester: 002792Pace is committed to helping you and your family. There are a number of ways to finance your Pace education.That is probably the question students and their families ask most. The answer, of course, depends on your family's particular circumstances. See below for samples of typical Pace students. Remember, every student is different, and therefore your package will be built just for you. Example TwoMarie is a full-time undergraduate honors student, living on the Westchester Campus. Family Income.........................................................$ 113,896Expected Family Contribution................................$ 20,873Tuition, Fees, and Room and Board.......................$ 45,602 Financial AidGift Aid offeredHonors College Scholarship....................................$ 15,000Pace Grant...............................................................$ 7,500Pace Opportunity Scholarship................................$ 3,000Total aid that does not need to be repaid..............$ 25,500Self-Help Aid offered Direct Subsidized Stafford Loan.............................$ 1,428 Direct Unsubsidized Stafford Loan.........................$ 4,045 Direct Parent PLUS Loan.........................................$ 16,380Total Loans Offered ($22,300 before loan fee).....$ 21,853 Total Financial Aid..................................................$ 47,353Expected Refund Toward Indirect Expenses*..........$ 1,751Example OneMatt is a full-time undergraduate commuter student. Family Income.........................................................$ 42,427Expected Family Contribution................................$ 1,270Tuition and Fees......................................................$ 33,702Financial AidGift Aid offeredPace Incentive Award .............................................$ 10,000Pace Grant...............................................................$ 5,000Federal Pell Grant....................................................$ 4,300Federal SEOG Grant.................................................$ 800NYS Tuition Assistance Program.............................$ 2,949Total aid that does not need to be repaid..............$ 23,049Self-Help Aid offeredFederal Perkins Loan...............................................$ 1,500 Direct Subsidized Stafford Loan.............................$ 3,483 Direct Unsubsidized Stafford Loan.........................$ 1,990 Direct Parent PLUS Loan........................................$ 7,128Total Loans Offered ($14,310 before loan fee)......$ 14,101Total Financial Aid..................................................$ 37,150Expected Refund Toward Indirect Expenses*..........$ 3,448*Many students receive loan and grant funds that exceed the total amount of tuition. When this happens, the students are issued a refund that they can apply to their personal expenses. See chart on prior page for a listing of indirect expenses.What will my financial aid package look like?? pace.edu/financialaidIn order to be considered for financial aid, complete the FAFSA form at FAFSA.ed.govAccording to BusinessWeek, Pace University is among the top 50 colleges in the nation whose graduates have the highest earning potential. Pace graduates reported earning $53,200 per year on average-that's on par with the country's most selective Ivy League schools.With a college degree from Pace University, you are making an investment in your future.