Important
Financial Aid News for 2009-2010
Cost of Attendance
Determination of your
financial need is based on information you provide on your FAFSA
application. A student budget is an estimate of how much it will cost
you to attend college and support yourself during the period of
attendance.
Listed below are the
student budgets for the 2009-2010 school year. Your actual costs may
differ from our standard budgets.
Reminder, fees are
subject to change at any time based on decisions by the State
Legislature.
2009-2010 Cost of
Attendance
|
|
At home |
Away from home |
|
Enrollment Fees |
$560 |
$560 |
|
Health Fee |
$34 |
$34 |
|
Books and Supplies |
$1,638 |
$1,638 |
|
Food and Housing |
$4,338 |
$10,872 |
|
Transportation |
$1,044 |
$1,170 |
|
Personal Expenses |
$3,096 |
$2,826 |
|
Total |
$10,170 |
$17,100 |
-
Tuition costs for non-resident students
will be added to the budgets
-
Loan fees of 1.5% will be added to the
budgets when applying for a Direct Loan
At the discretion of the Financial Aid
Director or designee, adjustments may be made to an individual student’s
budget to reflect special circumstances.
Cost of Attendance
-
Expected Family Contribution (EFC)
= Financial Need
Your expected family contribution (EFC) is
the amount you and or your parents are expected to pay for educational
costs and is calculated taking into account your taxable income, certain
non-taxable benefits and assets. The EFC is subtracted from your Cost of
Attendance. The difference is your financial need.
The EFC is determined using a federal
formula which takes into account the size of the household, the number
of students in the household attending college, your age and/or your
parent’s age along with other factors.
In addition, any other financial resources
to be received during the school year such as Americorps grants, BIA
grants and other outside scholarships will be deducted from your
financial need.
If you have special circumstances such as a
loss of employment or income, separation or divorce, death of a parent,
etc. and you do not qualify for much or any financial assistance, please
contact our office to see if your circumstances merit a change in your
financial need calculation.
