Sarah - CCC Plan
Back to sample financing plans charts
- Student: Sarah
- Status: 18 and single (dependent on parents)
- Housing: off-campus
- Parent income: $100,000
- Estimates assume full-time enrollment (12 units/semester)
| (A) 2009-10 CCC cost of attendance (living off-campus): | $17,094 |
|
(B) Grant assistance total: (from a variety of sources: federal, state, and college) Sarah will not qualify for grant aid nor a CCC Board of Governors Fee Waiver. |
$0 |
|
(A-B) Net Cost to Family: The Net Cost is the amount that Sarah's family must pay after need-based grants are taken into account. |
=$17,094 |
|
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 Sarah's family might cover her net cost. |
|
|
Sarah's Parents Combination of current earnings, savings or a parent loan: CCC would suggest that Sarah's parents contribute $17,094 for the year. |
$17,094 |
|
Sarah Student part-time work during academic year: Student educational loans: Savings from summer jobs: Sarah could reduce the amount her parents need to contribute by saving from a summer job and working up to 20 hours week during the year. Sarah can also reduce the amount of work and/or borrowing necessary if she receives scholarship aid. If Sarah and her parents need to take out educational loans, they would only be eligible for unsubsidized loans. (Note: Many, but not all, community colleges participate in the federal loan programs. Of those that do, some do not participate in the unsubsidized loan programs.) |
$0 $0 $0 |
See Sarah's CSU Plan
See Sarah's UC Plan
See Sarah's Independent Mid-range Plan
See Sarah's Independent High-range Plan


