Tonya - CCC Plan

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(A) 2009-10  CCC cost of attendance (living at home with parents): $10,560
(B) Grant assistance total:
(from a variety of sources: federal, state, and college)
Tonya should qualify for a CCC Board of Governors Fee Waiver, a Federal Pell Grant, possibly a Federal Supplemental Educational Opportunity Grant, and she should receive a Cal Grant B.
$9,025
(A-B) Net Cost to Family:
The Net Cost is the amount that Tonya's family must pay after need-based grants are taken into account.
=$1,535
Managing the Net Cost
Parents and students work together to cover the Net Cost using tools provided by the college, including parent and student educational loans if needed and part-time work.

The Net Cost is not due all at once. Many costs, such as living expenses, are incurred over time.

What follows is a sample of how Tonya's family might cover her net cost.

Tonya's Parents
      Combination of current earnings, savings or a parent loan:

Tonya's parents' resources are limited enough that nothing is expected of them.

$0
Tonya
      Student part-time work during academic year:
      Student educational loans:
      Savings from summer jobs:

Tonya herself will be asked to contribute $1,535 through working part-time during the academic year. She can reduce the amount she needs to work if she receives scholarship aid.

$1,535
$0
$0

See Tonya's CSU Plan
See Tonya's UC Plan
See Tonya's Independent Mid-range Plan
See Tonya's Independent High-range Plan

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Home: Finance: How Can I Pay for College?: Putting It All Together: Your Financing Plan: Sample Financing Plans: Tonya - CCC Plan
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