{"id":1074,"date":"2020-01-02T15:55:48","date_gmt":"2020-01-02T20:55:48","guid":{"rendered":"https:\/\/www.ramapo.edu\/finaid\/?page_id=1074"},"modified":"2025-12-22T14:38:59","modified_gmt":"2025-12-22T19:38:59","slug":"understanding-your-financial-aid-award","status":"publish","type":"page","link":"https:\/\/www.ramapo.edu\/finaid\/understanding-your-financial-aid-award\/","title":{"rendered":"Understanding Your Financial Aid Award"},"content":{"rendered":"
Welcome new students for the Fall of 2026!\u00a0 The new students tab will provide you with information about your College Financing Plan (CFP), your estimated Cost of Attendance and direct costs for the upcoming Fall semester.<\/p>\n
Your State Shopping Sheet\/College Financing Plan (CFP) is a state shopping sheet that provides you with an estimate of how much it may cost to attend college after your financial aid award. The CFP\/state shopping sheet is broken down into sections, and each section provides information about your financing plan.<\/p>\n
The Cost of Attendance is an estimate <\/strong>of your educational expenses for the year 2026-2027. Your COA should not be confused with your student account statement (bill). The COA consists of both Direct costs and Indirect costs. Books, supplies, transportation and personal expenses are indirect costs<\/strong>. You will not receive a bill from Âé¶¹´«Ã½ with those items listed, but we realize that students do have these additional items as expenses, so we include them in your estimated costs to help with family financial planning.\u00a0 These charts are an example of Fall semester Cost of Attendance because you are billed one semester at a time.<\/p>\n