For example, if you were originally offered a financial aid package with a $3,500 job, and a $15,000 Harvard Scholarship and subsequently receive a $2,000 National Merit award and $1,000 from the Elks Club, then we will reduce your term-time job expectation to $500. You can use the information you provided on your FAFSA to get an estimate of your Expected Family Contribution (EFC). According to NAIS, or the National Association of Independent Schools, nearly 20% of students at private schools nationwide are awarded some financial aid, and the average grant of need-based aid was $9,232 for day schools and $17,295 for boarding schools (in 2005).At schools with large endowments, such as top boarding schools, about 35% of students receive need-based aid. The Office of Scholarships and Student Financial Aid is committed to providing professional, responsive and efficient service to students. By answering a few simple questions, the calculator will present you with an early estimate of your cost of attendance and financial aid at UC San Diego.
An EFC is a dollar amount that the widely-used federal financial aid formula says your family should be able to pay for one year of college. Welcome to Financial Aid. If you are an admitted student whose family has insufficient financial resources to pay for all or part of your educational expenses, Caltech will provide you with a financial aid package commensurate with your demonstrated need and make it possible for you to attend. The Early Financial Aid Estimator (Net Price Calculator) is intended for entering freshman undergraduate students or undergraduate transfer students.
Financial Aid Calculator: Do You Earn Too Much to Qualify? By entering some information regarding your background, plans, and finances, the calculator will help provide an early estimate of your financial aid. During this time of extreme volume, we ask that you allow up to 72 hours for a response. The Financial Aid Estimator is for prospective and current undergraduate, dependent, California resident students living in on-campus residence halls.
The estimate is not final or binding on the Federal Secretary of Education, the institution, or the State of Texas. This calculator provides only a rough approximation of financial aid (and even then, only if accurate data is entered into the calculator). When identifying affordable colleges, your first step should be to determine your Expected Family Contribution . Financial Aid Calculator Before entering your income and asset information, please keep in mind: The calculator is intended for undergraduate applicants living and working in the U.S.
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