Cost/Financial Aid Calculator
Iowa Western’s Cost/Financial Aid Calculator can assist families in planning for their educational expenses. By entering basic household and financial information, you can use this secure tool to receive an estimated cost and financial aid “net price” figure.
This calculator figures your estimated costs less anticipated Federal Pell Grant aid.
Federal Direct Loans for the student and parent are not calculated in the estimated total aid figure.
First year dependent students are able to borrow up to $5500 a year in Direct Subsidized and/or Unsubsidized loans. Parents are able to borrow up to the student’s cost of attendance minus any other financial aid the student receives if the parent meets the eligibility requirements.
Keep in mind that this is not a financial aid application and that the data provided
or calculator results are not stored by Iowa Western. In order to receive actual financial
aid awards, the Free Application for Federal Aid (FAFSA) must be submitted each year
of attendance. You can complete this application at www.fafsa.ed.gov.