How will becoming an RA or Mentor affect my Financial Aid package?
If you become an RA, your semester bill will be less. You will be borrowing less loan money, and that will mean you will have less to pay back!
Remember:
Here is a sample comparison between an original financial aid package and a financial aid package with the RA or Mentor credit:
|
| Original Award | With RA Credit | With Mentor Credit | |
| Federal Pell Grant | $2050 | $2050 | $2050 | |
| TAP Grant | $824 | $824 | $824 | |
| Federal SEOG | $500 | 0 | $500 | |
| Residence Assist./Mentor Credit | 0 | $970 | $200 | |
| Federal Work Study | $1000 | 0 | 0 | |
| Resident Assistant | 0 | $5120 | $2460 | |
| Federal Perkins Loan | $1000 | 0 | $400 | |
| Direct Subsidized Loan | $5500 | $3006 | $5500 | |
| Direct Unsubsidized Loan | $2000 | $4494 | $2000 | |
| Direct Parent Loan | $4361 | $771 | $3301 | |
| TOTAL | $17235 | $17235 | $17235 | |