Housing Cover

Does FIDM financial aid cover independent housing?

i want to attend FIDM in LA but i would like independent housing and i’d already have a roommate willing to do so with me. would the financial aid cover independent housing?

Allison:

As with all Federal Student Aid eligible programs, FIDM bases your financial aid need on the entire Cost of Attendance, which includes tuition and fees, room and board, textbooks, school supplies and a very modest amount of personal spending money (for things like gas to get back and forth to school and a computer). This means that your housing expense IS included in your school’s analysis of how much you’ll NEED to afford school.

However – as every financial aid recipient knows, there’s a big difference between what you “need” and what you “get”. Very few schools are able to satisfy 100% of every students’ financial aid need, and I can assure you that FIDM is not one of them.

If you’re wondering “Will I get enough financial aid to pay for all of my classes and a cool place to live, too?”, then the answer is “no”. If you’re fortunate, you’ll receive enough financial aid (loans and grants) to pay for your courses and still have some “overage” money left over that you can choose to apply towards your housing expenses.

The ultimate determinates are your financial circumstances, as determined by the FAFSA application that you’ll need to submit in order to be considered for any forms of financial aid.

Remember, though – financial aid doesn’t pay for you to go to school. That’s why it’s called financial “aid” – as in assistance.

For more information on your likely aid package, the best resource will be the FIDM financial aid office, once they have had an opportunity to review your FAFSA results.

Good luck!

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