José - CCC Plan

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(A) 2010-11  CCC cost of attendance (living off-campus):
Fees/Tuition $624
Books/Supplies/Room/Board/Misc Expenses: $16,497
$17,121
(B) Grant assistance total:
(from a variety of sources: federal, state, and college)
José should qualify for a CCC Board of Governors Fee Waiver and a small Pell Grant.
$1,179
(A-B) Net Cost to Family:
The Net Cost is the amount that José's family must pay after need-based grants are taken into account.
=$15,942
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 José's family might cover his net cost.

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

CCC would suggest that José's parents contribute $6,111 for the year. A larger parental contribution will decrease the amount José would need to earn on his own.

$4,550
José
      Student part-time work during academic year:
      Student educational loans:
      Savings from summer jobs:

*See below for ways that José can cover the remaining $6,892 of the cost of attendance.
José will also be asked to contribute $3,000 or more through working part-time during the academic year; he may also take out student loans. If possible, José should try to find an on-campus job. His parents may be able to help José with more of his expenses; however, José can reduce the amount he needs to work and/or borrow if he receives scholarship aid and minimizes his living expenses. José may qualify for a Cal Grant A which he could use to pay tuition and fees if he transfers to a four year college. (Note: Many, but not all, community colleges participate in the federal loan programs).

$3,000
$0
$1,500

See José's CSU Plan
See José's UC Plan
See José's Independent Mid-range Plan
See José'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: José - CCC Plan
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