Serena - Independent High-range Plan

(A) 2009-10 Cost of attendance (living at home with parents):	$44,050
(B) Grant assistance total: The university would pull together $24,000 in grant aid from a variety of sources.	$24,000
(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.	=$20,050
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, 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 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 $10,200 for the year.	$10,200
Serena Student part-time work during academic year: Student educational loans: Savings from summer jobs or other earnings:	$2,750 $5,500 $1,600