Financial Need Formula
Cost of Attendance (COA)
Some colleges charge a flat rate while others
calculate tuition according to the number of credit
Some fees (such as activity fees) are paid by all
fees (such as laboratory fees)
are assigned only to students enrolled in a particular
These costs are determined by the type of courses
one takes. You can check the college bookstore to get
an estimate of how much your books will cost.
This will depend on whether you live in an apartment
or dormitory. Some colleges include meals in their fee,
others charge per meal.
This depends on how far you need to travel and how often
you go home.
This includes laundry, clothes, cleaning & entertainment.
Some colleges provide some medical care at a low cost,
others do not.
Expected Family Contribution (EFC)
This is a combination of parents' and student's income, checking and
savings accounts, dividends, and other income.