Michael - UC Plan
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- Student: Michael
- Status: 18 and single (dependent on parents)
- Housing: on-campus
- Parent income: $80,000
(A) 2010-11
UC cost of attendance
(living on-campus):
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$29,400 | ||||
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(B) Grant assistance total: Michael is eligible for grant assistance based on his family's financial resources. The University pulls together grant aid from a variety of sources, including federal Pell Grants, state Cal Grants, and the University's own grants. |
$8,100 | ||||
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(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. |
=$21,300 | ||||
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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 Michael's family might cover his net cost. |
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Michael's Parents Combination of current earnings, savings or a parent loan: UC would suggest that Michael's parents contribute $13,500 for the year. |
$12,300 |
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Michael Student part-time work during academic year: Student educational loans: Savings from summer jobs: |
$2,300 $5,000 $1,700 |
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See Michael's CCC Plan
See Michael's CSU Plan
See Michael's Independent Mid-range Plan
See Michael's Independent High-range Plan
