How does selecting an 校外公寓 or 与家人同住 affect my financial 援助的资格?

Many financial aid awards, including the Federal subsidized student loan and Skidmore Grant awards, are based on a calculation of family financial need.  这种方式 colleges determine financial need follows this general formula:

Estimated 成本 of Attendance (less) Calculated Family Contribution = Demonstrated 财务需要

It is standard procedure, and Skidmore is audited in the process, to adjust the students’ estimated costs of attendance based on housing choices.  其实，这就是为什么会有 is a question about housing on the FAFSA and Profile financial aid applications.  The financial aid office follows Federal guidelines in using general average costs to determine the 出勤费用 for students.

For the 2024-2025 academic year, the on-campus (double room, full meal plan) cost of attendance we use is $88,000, which includes $17,940 for room and board, $8,970 每学期.  We begin the determination of your financial 援助的资格 with this baseline budget, and then make changes if 住宅生活 advises us you are living off-campus locally, or with family, for the year or semester. 您可以查看您的估计 cost of attendance in the 金融援助 section of the Skidmore Student System.

如果你住在 校外公寓, we may ask for a copy of your lease/rental agreement for confirmation.  我们将 then adjust your estimated costs, reducing them by $2,700 for the year, or $1,350 这个学期, even though the bill will be reduced by $17,940 for the year, $8,970 这个学期.  The reduction in the estimated cost of attendance is less than the reduction in the bill because we are still factoring in average student off-campus 生活费用.  The amount used in estimated costs of attendance for rent/utilities is $999/month for 9 months, and the amount used in the estimated costs of attendance for groceries is $669/month for 9 months.   Unfortunately, if you sign a lease or rental agreement for time periods that are beyond the dates of the fall or spring semesters, those additional weeks/months cannot be considered in the determination of your financial 援助的资格.  As we use average amounts for 生活费用, it is possible that your costs may be lower – or higher – than this average.  如果你的 costs are lower, you will be saving money compared to living on campus.  如果你的成本 are higher, then you will be spending more money compared to living on campus.

如果你是 与家人同住, we will adjust your estimated costs of attendance, compared to living on campus.  我们将 reduce the estimated costs of attendance by $12,030 for the year, $6,015 for 这学期.  Compared to living on campus in a double room with the full meal plan, the bill will be reduced by $17,940 for the year, $8,970 这个学期.  尽管 your billable charges will be less, we will recognize there are additional costs for your family when you are home, for food and utilities.  我们把6012美元算进去 academic year, $3,006 每学期 to account for these additional 生活费用 while you are 与家人同住.   Unfortunately, we cannot increase this amount if your family charges you rent or fees for living home.

Changes 在住房 status – Fall Semester to Spring Semester

如果你是 living off-campus in an apartment or with family for the fall semester, and move on campus for spring, we will increase your estimated costs of attendance (and financial aid, as appropriate) when 住宅生活 notifies us of your change 在住房.  如果你是 living on campus for the fall semester, and move off-campus or with family for spring, we will decrease your estimated costs (and financial aid, as appropriate) when 住宅生活 notifies us of your change 在住房.