Financial Aid Planning Partners.

At Fox College, we understand the fear that you won't be able to afford the investment in your education. To help, we provide individualized assistance in developing a financial plan that works for you.  

Tuition and fees, as well as state grant and scholarship opportunities, vary by individual and program. Our experience is that almost everyone who wants to invest in attending the Fox College can afford it. 

At Fox College, you and your family will consult individually with a representative to develop a personalized financial plan.  We help you create a plan that works for you and that covers all of your direct costs of education.  Tuition, books, and fees are all part of the financial plan. 

There are several types of financial aid programs available for those who qualify:

• Federal Pell Grants 
• Illinois Monetary Award Program Grants
• Federal Supplemental Educational Opportunity Grants  
• Federal Direct Subsidized Student Loans 
• Federal Direct Unsubsidized Student Loans 
• Federal Direct PLUS Loans (Parent Loans)
• Alternative and Personal Loans
• School Payment Plans

In addition, Fox is approved for the training of veterans. Various governmental agencies have also sponsored students at Fox College.

Each type of financial aid program has its own criteria and rules. Awards can vary based on each person's and each family's situation and some programs require applying by a deadline.

Your representative can guide you through the process of applying for financial aid using the Free Application for Federal Student Aid (FAFSA) and will work with you to help optimize your financial aid plan. 

As long as you stay enrolled full-time at Fox College, tuition rates are set at the time you start and will never go up from semester to semester.

Here is a link to Understanding Your Estimated Financial Plan and Financial Aid Offer information. 

Net Price Calculator

Our calculator can help you get a rough idea of the cost of attending Fox College. There are many factors that affect your financial aid eligibility that may not be accounted for in the calculator. We encourage you to schedule a visit to the school so we can meet with you and discuss your financial aid eligibility.

Click here to launch the Net Price Calculator.

To find out more about the financial aid programs that might be available to you, request more information today! 

COST OF ATTENDANCE BUDGETS

When students use federal financial aid to help cover their educational costs, the federal Department of Education requires schools to use a formula to determine what types of financial aid the student is eligible to receive.    

Part of this formula is using a cost of attendance budget to determine the maximum amount of financial aid a student can receive each academic year.    This budget includes direct school costs like tuition, fees and books.  It also includes indirect costs that the student may have while they attend school.   This includes things like housing and transportation.   The school develops a standard cost of attendance budget for these purposes using actual tuition and fees each year and average estimated amounts for the indirect costs.   

The specific components included in our COA (Cost of Attendance) budgets include: 

• Tuition and fees
• Books, course materials, supplies and equipment 
• Federal Direct Loan Program origination fees and insurance costs* 
• Living expenses (housing and food)
• Transportation 
• Personal expenses
• Other miscellaneous costs such as professional licensing fees when applicable

*These costs are excluded if the student does not borrow any funds from the student loan programs.  

Note that the amounts in the budget can vary depending on the student’s enrollment status, program of study, and dependency status.   If you have questions about this or you would like to see the COA budget for a specific program of study that would apply to you,  please contact the Financial Aid department. 

 Note that the school's financial aid administrator has the authority to compensate for special and unusual circumstances on a case-by-case basis with adequate documentation.  Upon request, the financial aid administrator may evaluate the family's situation and make appropriate adjustments to more accurately reflect the financial need of students and families.  This authority is called professional judgment.  Under professional judgment, the financial aid administrator may not change the eligibility formula itself, but may adjust inputs to the data elements and/or override the student's dependency status.  The changes are dictated by the student and family's current circumstances and on their income and assets.  

The most common use of professional judgment is for the loss of income causing the family to experience reduced ability to pay for school.  A letter from the state employment agency can be used to confirm that the party is receiving unemployment.  Other evidence may also be submitted to prove loss.  Another common use is for change in martial status and needing a seperation of income.  All professional judgment recalculations will normally require that verification of the original data is first collected and reviewed.  This also applies to all non-selected students for whom verification was not initially or previously required.  No changes will be made to the figures until after the original data is verified.  

The decision of the financial aid administrator is final.  There is no appeal.  By law, neither the school president nor the US Department of Education can override the financial aid administrator's decision.  

Finish First at Fox College!

 Call, visit, or request information today!