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Low and Moderate Budgets for Developing Student Expense Budgets
The base budgets are:
| 2026-27 | 2027-28 | |
|---|---|---|
| Moderate (Prevailing) Budgets | ||
| 12-Month | $39,030 | $42,040 |
| 9-Month | $29,270 | $31,530 |
| Low Budgets | ||
| 12-Month | $26,150 | $28,170 |
| 9-Month | $19,610 | $21,130 |
The approximate breakdown of the living expense component is as follows:
| 2026-27 | 2027-28 | |
|---|---|---|
| Total Housing: | 52% Housing/Utilities (68%) Food (32%) |
50% Housing/Utilities (68%) Food (32%) |
| Transportation expenses | 11% | 12% |
| Miscellaneous | 37% | 38% |
These budgets are useful tools that will help you:
- Develop expense budgets for your independent commuting students
- Prepare debt management materials
- Exercise professionals judgment