Upload
others
View
0
Download
0
Embed Size (px)
Citation preview
STUDENT BUDGETS 7-1
7 STUDENT BUDGETS
2019-20 CUNY Tuition ..................................................................................................... 7-2 2019-20 CUNY Student Budget Calculations ................................................................... 7-3
Budget Adjustments for Students with Special Circumstances .................................. 7-5 Child Care/Elder Care ................................................................................................. 7-5 Disabled/Handicapped ................................................................................................ 7-5 Out-of-State Tuition .................................................................................................... 7-5 Students Enrolled in ASAP ......................................................................................... 7-5 Accelerated Study Fee ................................................................................................. 7-5 Professional Judgment ................................................................................................. 7-5
Less than ½ time Budget for Self-Help and Campus-Based Aid ................................ 7-6 Summer Budget ........................................................................................................... 7-6 Cooperative Education Budget Adjustment ................................................................. 7-6 Standard College Budgets Living with Parents – AY 2019-2020 ................................................................................ 7-7 Living Away from Parents – AY 2019-2020 ..................................................................... 7-8 CUNY Budgets for 12-6 Colleges ..................................................................................... 7-9 Budgets for LaGuardia, Kingsborough, Guttman ...................................................................... 7-11 Living Away from Parents KBCC Guttman .............................................................................. 7-12 Graduate Center Student Budgets .............................................................................................. 7-13 Student Fees – College ............................................................................................................... 7-14
CONTENTS
STUDENT BUDGETS 7-2
2019-2020 Budget Calculations CUNY’s student expense budgets represent an estimate of the maximum expenses allowed for awarding need-based financial aid to a student pursuing his or her education at CUNY. The types of costs that may be included in the cost of attendance budget are prescribed by Section 472 of the Higher Education Act. While the cost categories are the same for all federal student aid programs, the appropriate amounts to include for each category are determined for CUNY students each academic year by the Office of Student Financial Assistance. Budgets are adjusted every year based on the changes in selected budget elements in the Bureau of Labor Statistics Consumer Price Index for all Urban Consumers available at: http://www.bls.gov. The CPI shows the yearly changes in the elements that are used to create CUNY’s student expense budget. The following charts explain the data used to create the 2019-2020 CUNY Student Expense budgets. These budgets were derived using the 2018-19 budget components and adding the percentage increase from the Bureau of Labor Statistics (BLS) CPI data to that component. Rather than using the national CPI data, the NY/NE NJ data was used. In addition, we used our own figures for housing and lunch. Since the budgets are derived in December/January of the prior academic year, data from the prior year are used to create the budgets. Therefore, 2018 expenditures are used to create the 2019-2020 budgets.
2019-2020 Tuition Rates
Enrollment New York State Residents Out-of-State Residents Four-Year College
$6,930 per year (full-time) $18,600 per year (full-time)* $305 per credit (part-time) $620 per credit (part-time)
Community College
$4,800 per year (full-time) $9,600 per year (full-time)* $210 per credit (part-time) $320 per credit (part-time)
*Full-time tuition is based on students taking 15 credits per semester.
SAM 2019-2020
STUDENT BUDGETS 7-3
2018 expenditures Source: http://www.bls.gov
Base year 2017 Base year 2018 12months 9 months yearly
change 12 months 9 months
housing* 15,535 *12.037 2.5% 15,923 *12,338 apparel 1,077 821 -1.4% 1,062 810 personal 350 266 1.5% 355 270 entertainment 1,459 1,101 0.2% 1,462 1,103 medical 2,589 1,991 1.9% 2,638 2,029 food 4,114 3,093 1.5% 4,176 3,139 at home 1,923 1,439 0.7% 1,936 1,449 lunch** 2,309 *1,746 2.7% 2,371 *1,793 books 1,364 1,364
This chart shows the basic calculations using the BLS data although several of the line items are then adjusted for CUNY’s use. * Housing budget: Review of 1 bedroom apartments on Craigslist from 11/08/18 average cost = $1174/month for individual share of apartment Use $1174 rent + $173 utilities = $1347/month for housing ($12,123 for 9 months) Utilities include gas, electric and cell phones.
This is based on a sample of 814 one bedroom apartments from all 5 boroughs. We remove the very low rents costs and the very high costs. The range of apartments are from $1050 to $4,895. **Use CUNY Lunch Calculation: $7.25/day x 5 days x 17 weeks/term x 2 terms
Regional adjustment
NYC adjustment
Personal LWP
Totals LAP
apparel 810 10% 891 891 891 personal 270 10% 296 296 296 entertainment (LAP) 1103 10% 1200 600 1,200 food 3139 10% 3454
1,787 2,387 *LWP gets ½ of an LAP
entertainment budget
STUDENT BUDGETS 7-4
CUNY has created separate block budgets for students based on whether they live with or away from their parents as reported on the FAFSA. The following charts show how the separate dollar amounts for each budget category are derived. Not included in the charts on this page are the appropriate tuition and fee charges which are essential components of every student’s budget but are student, school and program specific. These budget calculations are the average costs of attendance estimated for students attending CUNY in each category used for the purposes of packaging aid awards and are not meant to represent exact dollar for dollar costs. Living with Parents
books & supplies
use 2016 figure
1,364 transportation
use weekly Metrocard ($32) x 17 weeks/term x 2 terms
1,088 apparel
use NYC adjusted figure
891
other
use NYC adjusted figure
296
entertainment
use NYC adjusted figure / 2
600
personal (total)
1,787 room & board
Use Table A3: Income Protection Allowance from The EFC Formula
4,450
lunch at school
use $7.25/day x 17 weeks/term x 2 terms
1,232
total
9,921
Living Away from Parents* books & supplies
use 2016 figure
1,364 transportation
use weekly Metrocard ($32) x 17 weeks/term x 2 terms
1,088 medical
use 2017 figure adjusted to 9 months
2.029 apparel
use NYC adjusted figure
891
personal use NYC adjusted figure
296
entertainment
use NYC adjusted figure
1,200
personal (total)
2,387 housing
use CUNY housing calculation
12,123 lunch at school
use $7.25/day x 17 weeks/term x 2 terms
1,232 food at home
use NYC adjusted figure minus calculated lunch
2,222 total 22,445
“Budgets for The CUNY Law School, the CUNY School of Journalism and the CUNY Med School may differ from these calculations based on higher living expenses, books, and additional medical expenses. Contact those colleges for their specific numbers.”
SAM 2019-2020
STUDENT BUDGETS 7-5
Budget Adjustments for Students with Special Circumstances Certain special circumstances may call for adjustments either to raise or lower $ amounts in students’ block budgets as appropriate: Child Care/Elder Care – Students with dependent care expenses for children under 13 years of age (that is, 12 years + 12 months – 1 day) or for an elderly family member (or members) are eligible for a dependent care allowance. This allowance should not be given to families who receive day care services or funds from the HRA or free daycare services from the college.
Assume 6 hours/week per course with travel time Use $15.00/hour x 6 hours per course x 2 courses $180 Multiply 17 weeks/term for 2 terms $6120 Adjust result to make it divisible by 9 months $6120
Disabled/Handicapped – Students who can document additional expenses as a result of a disability and who are not sponsored by the Office of Vocational Rehabilitation (OVR) and/or the Commission for the Blind and Visually Handicapped may receive a budget adjustment for these expenses. Students not presently supported by these agencies, and not previously rejected by these agencies, must be referred to them prior to making such an adjustment. If the student indicates they need additional supplies/equipment, the FAA should inquire from the student’s counselor at the appropriate agency whether the requested items will be provided by the organization. If not, the student’s budget may be increased to reflect the reasonable cost of the items needed. Out-of-State Tuition – Students attending CUNY charged out-of-state tuition have their budget adjusted by that amount. Students Enrolled in ASAP – The Accelerated Study for Associate Programs (ASAP) program provides its students with Metrocards. Since ASAP students incur no costs for transportation, this budget component is adjusted to 0 for ASAP students. Professional Judgment – The FAA may, on a case by case basis, use professional judgment to adjust elements of the cost of attendance based upon individual student requests for such consideration. Such adjustments must be for a compelling unusual circumstance that can be fully supported by documentation in the student’s file. Adjustments should be limited to expenses that relate directly to the student and his or her academic program. (Costs related to the student’s family are addressed by the EFC formula.) Documented costs for book or supplies related to the student’s curriculum in excess of the budget maximums, reasonable costs for the rental or purchase of a personal computer, unusual medical or transportation expenses exceeding the allowances in CUNY’s block budgets might justify the use of a PJ cost of attendance adjustment. Remember that 1) the law prohibits the use of professional judgment to create a new cost of attendance category or categories; 2) the FAA is under no obligation to use professional judgments to make COA adjustments; its use by financial aid administrators is optional; and 3) the school must complete the verification process for any applicant selected by the CPS before making a COA adjustment. Note that CUNY has a standard dependent care allowance that is included in the budgets of students with dependents. This situation would not be an exercise of professional judgment. On the other hand, if a student is requesting dependent care expenses in an amount which exceeds a standard allowance, increasing the allowance on an applicant selected for verification would be a use of PJ authority that should be exercised only after verification was completed.
STUDENT BUDGETS 7-6
Less than ½ Time Budget for Self-Help and Campus-based Aid Only the costs for tuition & fees and allowances for books & supplies, transportation and dependent care expenses (where applicable) may be included as part of the COA for students who are enrolled less than half-time. Use the following budget for packaging campus-based aid:
Transportation 468.00 ((5 trips @ $2.75) per week) x 34 weeks) Books & Supplies 341.00 ($1,364/4)
+ $809.00 + Tuition /fees + Dependent care expenses [where applicable]
[Note: The types of costs in the Pell Grant budget for students enrolled for less than half time are the same as for the other Title IV programs but the Pell budget does not pro-rate the budget components and always uses year.]
Summer Budgets Use the appropriate block budget that reflects either living with parents or living away from parents status and the period of attendance. When students who are not enrolled in a summer session use FWS in the summer, 62.5% of the actual earnings will be treated as a resource and subtracted from the student’s academic year financial need
SAM 2019-2020
STUDENT BUDGETS 7-7
Standard College Budgets
Living With Parents Traditional Calendar 2019-2020
>= HALF TIME SUMMER ONE TERM SUMMER + ONE TERM
2 TERMS - FALL/SPRING
SUMMER + FALL/SPRING
Books and Supplies * $455 $682 $1,137 $1,364 $1,819 Transportation $384 $544 $928 $1,088 $1,472 Lunch $411 $616 $1,027 $1,232 $1,643 Personal Expenses $596 $894 $1,490 $1,787 $2,383 Housing $1,483 $2,225 $3,708 $4,450 $5,933 Loan Fees $29 $29 $58 $58 $87 Total Block Budget ** $3,358 $4,990 $8,348 $9,979 $13,337 Child Care $2,040 $3,060 $5,100 $6,120 $8,160 Housing Exclusion ($1,483) ($2,225) ($3,708) ($4,450) ($5,933) Budget w/Child Care $5,398 $8,050 $13,448 $16,099 $21,497 Budget w/Housing Exclusion $1,875 $2,765 $4,640 $5,529 $7,404 BUDGET w/CHILD CARE & HOUSING EXCLUSION $3,915 $5,825 $9,740 $11,649 $15,564
+ Tuition +
Fees + Tuition + Fees + Tuition + Fees + Tuition + Fees + Tuition + Fees
< HALF TIME SUMMER ONE TERM SUMMER +
ONE TERM 2 TERMS -
FALL/SPRING SUMMER +
FALL/SPRING Total $270 $404 $674 $809 $1,078 Child Care $1,020 $1,530 $2,550 $3,060 $4,080 TOTAL w/CHILD CARE $1,290 $1,934 $3,224 $3,869 $5,158
+ Tuition +
Fees + Tuition + Fees + Tuition + Fees + Tuition + Fees + Tuition + Fees
* If a student’s curriculum requires books and supply costs in excess of this standard maximum, such costs must be documented. ** Student college costs, excluding tuition and fees, are expected to be the total block budget. The category breakouts are a general guide and the amounts can be reallocated between categories. Any differences between these budges and the budgets calculated on CUNYfirst are due to rounding.
STUDENT BUDGETS 7-8
2019-2020 Living Away from Parents Traditional Calendar
>= HALF TIME SUMMER ONE TERM SUMMER + ONE TERM
2 TERMS - FALL/SPRING
SUMMER + FALL/SPRING
Books and Supplies * 455 682 1,137 1,364 1,819
Transportation ($32/wk) 384 544 928 1,088 1,472
Personal Expenses 796 1,194 1,989 2,387 3,183 Medical 676 1,014 1,691 2,029 2,705
Housing ** 4,041 6,062 10,103 12,123 16,164
Food (At Home) 741 1,111 1,852 2,222 2,963
Lunch 411 616 1,027 1,232 1,643
Loan Fees 29 29 58 58 87 Total Block Budget *** $7,532 $11,251 $18,784 $22,503 $30,035
Child Care $2,040 $3,060 $5,100 $6,120 $8,160
Housing Exclusion ($4,041) ($6,062) ($10,103) ($12,123) ($16,164)
Medicaid ($676) ($1,014) ($1,691) ($2,029) ($2,705)
Budget w/Child Care $9,572 $14,311 $23,884 $28,623 $38,195
Budget w/Housing Exclusion $3,491 $5,189 $8,681 $10,380 $13,871
Budget w/Medicaid Exclusion $6,856 $10,237 $17,093 $20,474 $27,330
+ Tuition +
Fees + Tuition +
Fees + Tuition + Fees + Tuition + Fees + Tuition + Fees
< HALF TIME SUMMER ONE TERM SUMMER + ONE
TERM 2 TERMS -
FALL/SPRING SUMMER +
FALL/SPRING
Total $270 $404 $674 $809 $1,078
Child Care $1,020 $1,530 $2,550 $3,060 $4,080 TOTAL W/CHILD CARE $1,290 $1,934 $3,224 $3,869 $5,158
+ Tuition +
Fees + Tuition +
Fees + Tuition + Fees + Tuition + Fees + Tuition + Fees
* If a student's curriculum requires books and supply costs in excess of this standard maximum, such costs must be documented. ** The amount allocated for housing expects that students share housing costs. *** Student college costs, excluding tuition and fees, are expected to be the total block budget. The category breakouts are a general guide and the amounts can be reallocated between categories. Any differences between these budgets and the budgets calculated on CUNYfirst are due to rounding.
SAM 2019-2020
STUDENT BUDGETS 7-9
2019-20 CUNY Budgets for 12/6 Colleges
2018 expenditures Source: www.bls.gov 11/14/2018
2017 2018 12 months 9 months 12 months 9 months housing 15,535 12,037 2.5% 15,923 12,338 Use CUNY calculation below* apparel 1,077 821 -1.4% 1,062 810 personal 350 266 1.5% 355 270 entertainment 1,459 1,101 0.2% 1,462 1,103 medical 2,589 1,991 1.9% 2,638 2,029 food 4,114 3,093 1.5% 4,176 3,139 at home 1,923 1,439 0.7% 1,936 1,449 Use CUNY calculation
lunch 2,309 1,746 2.7% 2,371 1,793 Use CUNY calculation below**
books 1,364 1,364 Regional adjustment NYC
adjustment Personal totals
LWP LAP apparel 810 10% 891 891 891 personal 270 10% 296 296 296
entertainment (LAP) 1,103 10% 1200 600 1,200
LWP gets 1/2 of an entertainment budget
food 3,139 10% 3454 1,787 2,387
* Housing budget: Review of 1 bedroom apartments on Craigslist from 11/08/18
average cost = $1174/month for individual share of apartment
Use $1174 rent + $173 utilities = $1347/month for housing ($13470 for 10 months) Utilities include gas, electric and cell phones.
This is based on a sample of 814 one bedroom apartments from all 5 boroughs. We remove the very low rents costs and the very high costs. The range of apartments are from $1050 to $4,895.
** Lunch: $7.25/day * 5 days * 17 weeks/term * 2 terms Living with Parents books & supplies use 2016 amount for 10 months 1516 transportation use weekly Metrocard ($32) * 20 weeks/term * 2 terms 1280 personal use 9 month calculation converted to 10 month ($1798/9 x 10 months) 1997 lunch use $7.25/day * 5 days * 20 weeks/term * 2 terms 1450 room & board use $4,944 (derived from income protection allowance $4450/9x10) 4944
TOTAL 11187
Living away from Parents books & supplies use 2016 amount for 10 months 1,516 transportation use weekly Metrocard ($32) * 20 weeks/term * 2 terms 1,280
personal apparel use NYC figure adjusted to 10 months 990
STUDENT BUDGETS 7-10
personal use NYC figure adjusted to 10 months 329
entertainment use NYC figure adjusted to 10 months 1,333
TOTAL 2,652 medical use 2018 figure adjusted to 10 months 2,254 housing use 2018 calculation for housing * 10 months 13,470 food - lunch use $7.25/day * 5 days * 20 weeks/term * 2 terms 1450 at home use NYC adjusted food minus calculated lunch 2,388
TOTAL 25,010
Child care Assume 6 hours/week per course with travel time use $15.00/hour * 6 hours per course * 2 courses 180 multiply by 20 weeks/term for 2 terms 7200 --adjust result (if needed) to make it divisible by 9 months-- 7200
< Half-time Transportation ((5 trips @ $2.75) per week) x 40 weeks) 550 Books & Supplies ($1516/4) 379 929
SAM 2019-2020
STUDENT BUDGETS 7-11
Budgets for LaGuardia, Kingsborough and Guttman Community Colleges
Living With Parent
LaGuardia, Guttman Kingsborough
>= HALF TIME ONE TERM 2 TERMS -
FALL/SPRING One Term 2 Terms
Books and Supplies * $758 $1,516 $682 $1,364
Transportation** $640 $1,280 $640 $1,2801
Lunch $725 $1,450 $725 $1,450
Personal Expenses $999 $1,997 $999 $1,997
Housing $2,472 $4,944 $2,472 $4,944
Loan Fees $29 $58 $29 $58
Total Block Budget ** $5,623 $11,245 $5,547 $11,093
Child Care $3,600 $7,200
Housing Exclusion ($2,472) ($4,944)
Budget w/Child Care $9,223 $18,445
Budget w/Housing Exclusion $3,151 $6,301
BUDGET w/CHILD CARE & HOUSING EXCLUSION $6,751 $13,501
+ Tuition +
Fees + Tuition + Fees
< HALF TIME ONE TERM 2 TERMS -
FALL/SPRING
Total $495 $891
Child Care $1,800 $3,600
TOTAL w/CHILD CARE $2,295 $4,491
+ Tuition +
Fees + Tuition + Fees
*If a student’s curriculum requires books and supply costs in excess of this standard maximum, such costs must be documented. **Students college costs, excluding tuition and fees are expected to be the total bock budget. The category breakouts are a general guide and the amounts can be reallocated between categories. 1 Kingsborough CC books and supplies uses the 9 month amount. Any differences between these budgets and the budgets calculated on CUNYfirst are due to rounding.
STUDENT BUDGETS 7-12
Budgets for LaGuardia, Kingsborough and Guttman Community Colleges
Living Away From Parent
LaGuardia, Guttman Kingsborough
>= HALF TIME ONE TERM 2 TERMS - FALL/SPRING
One Term 2 Terms
Books and Supplies * $758 $1,516 $682 $1,3641
Transportation $640 $1,280 $640 $1280
Personal Expenses $1,336 $2,652 $1,336 $2,652
Medical $1,127 $2,254 $1,127 $2,254 Housing ** $6,735 $13,470 $6,735 $13,470
Food (At Home) $1,194 $2,388 $1,165 $2,330
Lunch $725 $1,450 $725 $1,450
Loan Fees $29 $58 $29 $58
Total Block Budget *** $12,534 $25,068 12,439 $24,858
Child Care $3,600 $7,200 Housing Exclusion ($6,735) ($13,470) Medicaid ($1,127) ($2,254) Budget w/Child Care $16,134 $32,268 Budget w/Housing Exclusion $5,799 $11,598 Budget w/Medicaid Exclusion $11,407 $22,814
+ Tuition + Fees + Tuition + Fees
< HALF TIME ONE TERM 2 TERMS -
FALL/SPRING
Total $446 $891 Child Care $1,800 $3,600 TOTAL W/CHILD CARE $2,246 $4,491
+ Tuition + Fees + Tuition + Fees
* If a student's curriculum requires books and supply costs in excess of this standard maximum, such costs must be documented. ** The amount allocated for housing expects that students share housing costs. *** Student college costs, excluding tuition and fees, are expected to be the total block budget. The category breakouts are a general guide and the amounts can be reallocated between categories. Any differences between these budgets and the budgets calculated on CUNYfirst are due to rounding. 1 Books and supplies are based on the 9 month budget.
SAM 2019-2020
STUDENT BUDGETS 7-13
2019-2020 Graduate Center Student Budgets
LWP Fall & Spring LWP One Semester NLWP Fall & Spring NLWP One Semester
Books $1,516 $758 $1,516 $758 Transportation $1,088 $544 $1,088 $544 Personal $2,048 $1,024 $4,608 $2,304 Housing $4,495 $2,247 $16,128 $8,064 Food $0 $0 $3,788 $1,894 Lunch $1,566 $783 $1,566 $783
TOTAL $10,713 $5,356 $28,694 $14,347
Childcare $4,896 $2,448 $4,896 $2,448
STUDENT BUDGETS 7-14
Student Fees 2019-2020
The fees shown on this chart represent the average fees students are typically charged in CUNYfirst. This chart includes the U.S.S. student government fee ($1.45 per semester), the Consolidated Services Fee ($15.00 per semester), the appropriate student activities fee and the Technology Fee ($125.00 per semester for all colleges, $62.50 part time). In CUNYfirst, all fees must be whole numbers so the student government fee is rounded. All fees are rounded out. These fees are for the purpose of Budgets and are rounded out and is based on the information reported to OSFA by the Colleges.
Full-Time Part-Time Summer
2018 Academic Year
2019-2020 One Semester
2019-2020 Academic Year
2019-2020 One Semester
2019-2020 College UG Grad UG Grad UG Grad UG Grad UG Grad
Community Colleges BMCC 123.00 – 370.00 – 185.00 – 202.00 – 101.00 – Bronx 116.00 – 406.00 – 203.00 – 232.00 – 116.00 – Hostos 141.00 – 408.00 – 204.00 – 216.00 – 108.00 – Kingsborough -- – 452.00 – 226.00 – 244.00 – 122.00 – LaGuardia -- – 418.00 – 209.00 – 212.00 – 106.00 – Guttman -- -- 394.00 -- 197.00 -- 200.00 -- 100.00 -- Queensborough 94.00 – 410.00 – 205.00 – 214.00 – 107.00 – Senior Colleges Baruch 158.00 92.00 532.00 360.00 266.00 180.00 326.00 208.00 163.00 104.00 Brooklyn 156.00 D
140.00 E 140.00 510.00 D
404.00 E 432.00 255.00 D
202.00 E 216.00 384.00 D
279.00 E 307.00 192.00 D
140.00 E 154.00
CSI 178.00 240.00 560.00 560.00 280.00 280.00 362.00 362.00 181.00 181.00 City 153.00 F
91.00 P 145.00F 83.00 P
410.00 312.00 205.00 156.00 236.00 187.00 118.00 94.00
Hunter 106.00 92.00 452.00 308.00 226.00 154.00 266.00 184.00 133.00 92.00
John Jay 158.00 139.00 540.00 442.00 270.00 221.00 364.00 278.00 182.00 139.00
Lehman 152.00 152.00 480.00 480.00 240.00 240.00 288.00 288.00 144.00 144.00 Medgar Evers 113.00 – 422.00 – 211.00 – 246.00 – 123.00 – NYC Tech 133.00 – 390.00 – 195.00 – 196.00 – 98.00 – Professional Studies Queens 144.00 135.00 608.00 522.00 304.00 261.00 418.00 398.00 209.00 199.00 Queens Summer II 159.00 149.00 York 139.00 – 428.00 – 214.00 – 262.00 – 131.00 – Graduate Schools Law – 128.00 – 564.00 – 282.00 – 348.00 – 174.00 Graduate School 50.00 364.00 182.00 240.00 120.00 Graduate School of Journalism
1130.00 F 1331.00 S
565.00 F 665.00 S
1030.00 F 1231.00 S
515.00 F 615.00 S