Villanova University RD 2022

blowfish7494
Wed, 28 Mar 2018 23:49:29 +0000

Read closely Total Award includes the portion YOU have to pay or at least it does on mine. The item that says Family Financing option is your out of pocket basically. You can pay it or finance it i.e. loan. It my case that is a decent size amount - more than we can handle but the other aid offered was generous including a grant almost 1/2 the total cost.

Right from Nova’s site What is the Financing Option on my award letter?
The Family Financing Option is not an offer of aid but rather a reflection of options available to finance your remaining cost of attendance. The amount of the Family Financing Option on your award letter is the estimated amount that students/families will be responsible for contributing to their education. The dollar amount is the difference between the cost of attendance and the financial assistance awarded to the student. This portion can be financed through the monthly payment plan (TMS), a Federal Direct PLUS loan (parent loan) and/or an alternative educational loan.

What I find odd is my expected total award (i.e. cost) is $70,909 for the year and some of you have a different amount than that.