At Temple, Klein College of Media and Communication supports students’ financial well-being through graduation and beyond with a network of knowledgeable professionals and a comprehensive suite of helpful tools.
Explore the resources available to help you manage your money and financial aid.
Photo by Betsy Manning
A Temple education is an investment—possibly the largest of your lifetime. Before beginning your journey, it’s important to understand the investment you’re making.
Here, you can familiarize yourself with common terms and definitions related to student financial aid so you can be fully prepared to pay for your education.
Award letters are official documents that are issued by Temple’s Student Financial Services and list the financial aid awarded to students.
The cost of attendance includes tuition, fees and living expenses while attending school. It is determined by the school, using guidelines established by federal regulations.
Formulas are used to determine a student’s eligibility for federal Title IV funds. The formulas take into account income, expenses, family size, some assets and other factors. It is written by Congress.
The Free Application for Federal Student Aid (FAFSA) must be completed by all students who wish to be considered for financial aid at Temple University.
Some aid to students does not require repayment. Gift aid includes scholarships, which are awarded to students based on merit, and grants, which are awarded based on financial need.
Loans are made to individuals by government agencies and private lenders for education costs. They must be repaid, usually with interest, after the program has been completed.
