Cost of Attendance
Estimated Student Budget
Expected Family ContributionThe Federal Government uses a standard need analysis formula to
determine your family's ability to contribute to the cost of your
education. Income, assets, family size, number of family members
attending college, dependency status, are some of the factors used to
determine the Expected Family Contribution (EFC).
Financial need (the amount of Financial Aid you're eligible for) is the cost of attendance minus the expected family contribution. Cost of Attendance - EFC = Financial Need To compute your payment obligation using your Financial Aid Award letter, open the 2007-2008 Payment Worksheet (excel) or Payment Worksheet (pdf). For example, if the estimated student budget is $15,050 and the estimated family contribution (EFC) is 5,000, you would have $10,050 in financial need. If you have not filed a FAFSA, but would like to get an estimate of your family's EFC, you may use an EFC estimator. |
Tuition--Fee-Schedule-0809.xls
