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Financial Aid Costs & Need

Financial Need is determined by the formula below. The Cost of Attendance (COA) is located in the second chart below and the Expected Family Contribution (EFC) is the number that you get after your FAFSA is processed. FAO will attempt to meet your Financial Need with the Types of Aid available to the college on a first completed and qualified basis.

FINANCIAL NEED FORMULA
Cost of attendance minus Expected Family Contribution (EFC) = Financial Need


Each year, the college determines its expected Cost of Attendance based on standard allowances for similar students. Below is the Cost of Attendance at our college for the Academic Year 2009-2010. Your actual costs may be higher or lower. 

 
BASED ON FULL-TIME ENROLLMENT FOR 9 MONTHS (2 SEMESTERS)

ALLOWANCE

STUDENT W/O DEPENDENTS LIVING WITH PARENTS 

ALL OTHER STUDENTS

1TUITION

$1,896 ($6,528)

$1,896 ($6,528)

2FEES

60 ($25)

60 ($25)

3BOOKS AND SUPPLIES

879

879

TRANSPORTATION

607

1180

4LIVING

3,339

10,043

PERSONAL

1,265

1,474

TOTAL COST OF ATTENDANCE

$8,046 ($12,678)

$15,532 ($20,164)

 


( ) = non resident tuition is $272/per credit and resident tuition is $79 per credit 
( ) = non-residents pay a one-time $25 application fee.

Note that amounts for 1Tuition, 2Fees, 3 Books & Supplies, and 4Living are subject to change and can be adjusted to individual circumstances, upon request. Educational assistance received from agencies outside the school is also used in determining your remaining financial need. 


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