ANNUAL BUDGET WORKSHEET
INCOME (for the academic year):
FINANCIAL AID
________ Loans
________ Grants & scholarships
________ Fellowship or stipend
OTHER INCOME
________ Savings at beginning of school year
________ Money from family
________ Work income during school year
________ Other:
________ Other:
________ Total Income
EXPENSES (for the academic year)
(Consider what you will need for the entire school year. It may help to look at what you
plan to spend per month based on the monthly budget worksheet)
________ Tuition and fees
________ Books and supplies
HOUSING
________ Apartment rent
________ Groceries
________ Apartment utilities (including deposits)
________ Apartment deposit
________ Apartment supplies (cleaning, tools, furniture, dishes, cookware)
________ Local transportation (car, bus)
________ Clothes, grooming, laundry
________ Cell phone
________ Take out and restaurant food and beverage
________ Entertainment (movies, DVDs, parties)
________ Unexpected expenses/ emergencies
________ Savings/ Debt repayment
________ Other:
________ Total expenses
________ Enter your total income (from above)
________ Enter your total expenses (from above)
________ Subtract to get your bottom line
*Adapted from Michigan State University, Office of Financial Aid.