When we use the word “Budget,” we mean the amount of money that will see a student through a year of school at a modest, but adequate, standard of living.

A budget does not and, indeed, cannot take into consideration all of the situations in which people find themselves, and it presumes mature consumer choices on your part. If, for example, you have payments to make on a car, it may be that you will have to share an apartment with other students in order to keep your expenses down. Or perhaps you might prefer to bike to school and thus have more money for other things. In any event, you must choose what is important to you; consumer choices are not reflected in the budgets which follow.

We do not mean by the above that the budgets are absolutely inflexible. In fact, we can and do adjust budgets when the circumstances warrant. If, for example, you have dental work, we can increase your budget to allow for this cost. Of course, proof of the expense must be submitted, and the increase can come only in the form of a loan or work.

The budgets which follow reflect our figures for the school year. Please remember that these budgets provide a modest but adequate standard of living.