Posted at 3 p.m. April 4, 2017

Tuition increase will have little effect on financial aid

Financial aid will differ with each student

After the latest decision from the Wyoming Community College Commission to raise tuition by five percent, many students want to know how this will affect financial aid.

Financial aid depends on each student, but faculty here at Laramie County Community College are optimistic about the change because it is a small increase.

“At our college, I don’t think it will be that big of an impact because the percentages are small compared to the awards they can receive,” financial aid technician Vito Milatzo said. “It’s all up to the student. The more work you do, the more money you will get.”

The tuition increase will be different for all students depending on their own financial status and how much they have to pay for their time at LCCC.

According to the LCCC website, financial aid is any funding used by students and families to assist with college-related expenses.

This aid includes scholarships, grants, employee benefits, tuition waivers, work studies, or loans that go toward college expenses.

Everybody’s financial package is going to be different because all students are in different situations. Some students are here on certain scholarships and certain students go out of their way to receive as many scholarships as they can.

“In most cases, if students are diligent about applying for scholarships, applying for federal aid and researching other options, they can have all their expenses paid for,” Milatzo said.

If students have all of their expenses paid for through some of those options, then they may receive a refund.

“With the increase in tuition, the refund will be less. But with the small increase, it’s not going to change too much of what they get back,” Milatzo said.

Financial aid is based on each student and each students’ situation will differ.

“It will affect the student’s pocket more than financial aid. Financial aid stays the same and can pay less depending on what the student owes.” Milatzo said.

Milatzo thinks the change will be minute based on the information he has seen.

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More

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Tuition to be raised in the fall of 2017

Commissions to decide whether or not to raise tuition