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WASHINGTON PROGRAM: Financial Aid Examples

Jones Family pays $15,000 (Estimated Family Contribution) EFC* per semester

Semester Budget
Less EFC

Total Financial Aid
Program Cost

Family Owes CMC
and the remainder of EFC ($9,737.00) goes to the student to cover room, board and miscellaneous expenses.

$30,857.00
($15,000)
___________
$15,857.00
($21,120.00)
___________
$5,263.00

 

 

Smith Family pays $5,000 EFC* per semester

Semester Budget
Less EFC

Total Financial Aid
Program Cost

Student Receives Check
and the EFC of $5,000 goes to the student to cover room, board, and miscellaneous expenses.

$30,857.00
($5,000)
___________
$25,857.00
($21,120)
___________
$4737.00

 *Cost based on 2011-2012 fees