Michael - CSU Plan

(A) 2009-10 CSU cost of attendance (living on-campus):	$20,223
(B) Grant assistance total: Because of the relative financial strength of his family, Michael would probably not be awarded grant assistance by the campus.	$0
(A-B) Net Cost to Family: The Net Cost is the amount that Michael's family must pay after need-based grants are taken into account.	=$20,223
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 Michael's family might cover his net cost.
Michael's Parents Combination of current earnings, savings or a parent loan: Michael's parents would be expected to contribute $9,775 for the year.	$9,775
Michael Student part-time work during academic year: Student educational loans: Savings from summer jobs:	$3,448 $5,500 $1,500