Serena - CSU Plan

(A) 2009-10 CSU cost of attendance (living at home with parents):	$14,584
(B) Grant assistance total: Serena is eligible for grant assistance based on her family's financial resources. The campus aid office pulls together grant aid from a variety of sources, including federal Pell Grants, state Cal Grants, and the CSU's own grant funding.	$9,076
(A-B) Net Cost to Family: The Net Cost is the amount that Serena's family must pay after need-based grants are taken into account.	=$5,508
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, part-time work during the academic year, and savings from summer earnings. 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 Serena's family might cover her net cost.
Serena's Parents Combination of current earnings, savings or a parent loan: Serena's parents would be expected to contribute $1,047 for the year.	$1,047
Serena Student part-time work during academic year: Student educational loans: Savings from summer jobs:	$0 $2,961 $1,500