A Guide to Understanding Your College Bill

Make sure you know what you're looking at when the bill arrives.

1 min. read

Bills from any college or university can be confusing. At Keuka College, we try to make your bill as easy to understand as possible, outlining what financial aid you're eligible for, what you will and will not need to pay back, and how much you'll owe. We hope that this guide will help you understand exactly what to expect.

  • Tuition: The cost of attendance, teaching, and instruction.
  • Fees: All colleges charge some mandatory fees, which vary per school. At Keuka College, our fees include a comprehensive charge, plus fees for student activities, and new student orientation. Students who are not covered under a medical insurance plan will be required to purchase the College’s insurance. 
  • Room & Board: The cost of living in campus housing and your chosen meal plan. If you live within a 30-mile radius of campus you can commute. Commuter students save the costs of room and board by living at home and driving to classes each day.

Your bill will also show two different types of costs:

  • Direct Costs are those that you will be billed for (i.e., tuition, fees, room and board). 
  • Indirect Costs are those that you may encounter during an academic year  (i.e., transportation, books, personal expenses).

Financial Aid Awards

  • Grants & Scholarships: Money that you do not need to pay back.
    Example: PELL, SEOG, TAP, Keuka College Scholarships
  • Work-Study: Money you earn from working at an  on-campus job.
    Example: Federal and Keuka College Work-Study
  • Loans: Money that you do need to pay back.
    Example: Federal Direct Stafford and Federal Direct Plus

Additional Questions

The Office of Financial Aid is here to answer any questions you have about your financial award and the financial aid process. You may Ask a Question online, or contact the office by calling (315) 279-5232.