2021-2022 MDE Private Alternative Loan Worksheet

    MDE PRIVATE ALTERNATIVE LOAN WORKSHEET 2021-2022

    Section I: Estimated Cost of Attendance
     SUMMERFALLSPRING
    Tuition  $29,366  $30,248  $30,248
    Room & Board  $7,278  $9,704  $9,704
    Fees  $824  $1,110  $1,110
    Loan Fees  $980  $980  $981
    Health Insurance  $930  $1,483  $2,409
    Books & Supplies  $2,354  $0  $0
    Transportation  $381  $508  $508
    Personal Expenses  $1,245  $1,660  $1,660
    SUBTOTAL   
    (minus) Total Financial  Aid    
    Alternate Eligibility (unmet need)   
    Subtotal and Financial aid have been left blank so that you may calculate exactly which items you would like to borrow for, and what aid you will be accepting. 
    Section II: Will you be applying for your full alternative eligibility?
    Section II: Will you be applying for your full alternative eligibility?

    Please skip Section III, and fill out Section IV if you are not applying for your full alternative eligibility. 
    Section III:If you are not applying for your full alternative eligibility:
    1. Please log in to NetPartner (https://studentviewer.finaid.columbia.edu/) .
     
    1. Review the total financial aid per semester (excluding alternate eligibility amounts) on the “Accepted Awards” tab
     
    1. Determine how much you will borrow in a private loan in the worksheet shown above in Section I.
     
    1. Complete Section IV in its entirety. Make sure to input the total of your calculations within the disbursement breakdown section below.
    Section IV: Private Loan Form

    Student Information
    Lender Information
    *Disbursement Breakdown: (how much money you want per semester?):
    *Please note, this is a mandatory field. You must specify the disbursement of each semester. Any request changes made after submission will take up to 10-15 business days to process. Check Netpartner for Updates. Consult your FA Administrator on breakdown guidance if needed.
    By submitting this form I acknowledge that if I borrow less than the unmet need in my financial aid package, I am responsible to budget my cost of attendance accordingly, including paying for the difference in the billing statement by the due date. Please allot 7-10 business days for processing. Please note that the terms and conditions of federal student loans may be more beneficial than the terms and conditions of private educational loans.
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