Background for the College Finance Plan
The Financial Aid College Finance Plan provides a quick summary of the costs and funding associated with attending an institution. The College Finance Plan template is published by the Department of Education (ED). ED requires an institutional commitment for those institutions who have agreed to comply with the principles in Executive Order 13607 or voluntarily decided to participate in using this format.
The College Finance Plan includes the costs of enrollment broken down into tuition, housing, books, and transportation. Methods of payment for college costs are also described; including grants and scholarships broken down by type.
The financial aid administrator typically provides College Finance Plans to prospective students and enrolled undergraduate and graduate students at the beginning of the financial aid process.
In Anthology Student, users can select the Processes tile and open the College Finance Plan page to:
-
View and print College Finance Plans for prospective students
-
View, print, or save College Finance Plans for enrolled undergraduate and graduate students
-
View and print saved College Finance Plans
Students can select a link in the Student Portal and view their College Finance Plans. This requires external links to be configured Student Portal. Configuration instructions for external links are available in Portal Administrator Help under External Application Integration.
For award year 2021-22, selection fields have been added to the portal UI to allow users to include or exclude financing options applicable to them. The new selection fields are:
-
For Enrolled Student: Include Income Share Agreement
-
For Prospective/Applicant Student:
-
Undergraduate Student: Include Income Share Agreement
-
Graduate Student: Include Income Share Agreement, Include Assistantships, Include School Paid Tuition, Include Tuition Remission/Waiver, Include Scholarships for Disadvantaged Students, Include HRSA Loans
-
The selection fields College Finance Plan pages are updated every award year according to the requirements and College Finance Plan template published by the Department of Education. For award year 2022-23, users can select whether to include VA Education Benefits for prospective students. The Income Share Agreement and Parent Plus Loans options are not applicable for the award year 2022-23.
The following are examples of College Finance Plan pages. The selection fields in the Portal provide tooltips on hover.
Prospective Undergraduate
