; and (II) any other required expenses, as determined by the institution and presented as an itemized list. (ii) Grants and scholarships (I) In general The aggregate amount of grants and scholarships by source that the student does not have to repay, such as grant aid offered under this title and grant aid offered through other Federal programs, grant aid offered by the institution, grant aid offered by the State, and, if known, grant aid from an outside source for such academic period. (II) Federal grant aid With respect to Federal grant aid, the conditions under which the student can expect to receive similar amounts of such Federal grant aid for each academic period the student is enrolled at the institution. (III) Institutional grant aid With respect to institutional grant aid— (aa) the conditions under which the student can expect to receive similar amounts of such institutional grant aid for each academic period the student is enrolled at the institution; and (bb) whether the institutional grant aid offer may change if grants or scholarships from outside sources are applied after the student receives the financial aid offer, and, if applicable, how that institutional grant aid will change. (IV) Indirect costs An identification of any grants or scholarships described in subclause (I) that are required to be used for any indirect costs selected by the student under subparagraph (C)(i). (iii) Out-of-pocket costs (relating to direct costs) The out-of-pocket costs (relating to direct costs) that the student, or the student's family on behalf of the student, is estimated to have to pay for the student to attend the institution for such academic period, equal to— (I) the estimated sum of the student’s direct costs described in clause (i)