- Exactly how many people in your household
- How many family into the school
- Parental earnings, earnings, and you will possessions
- Beginner earnings, money, and you will possessions
This can take 10-ten minutes to complete, and you might get a certain online price that’s far more appropriate than just the dining table paydayloanmaryland.org payday loans Lavale a lot more than.
After you’ve a net Price estimate, you ought to determine if your relatives have enough money for spend Cornerstone School tuition and you can will cost you. Once again, the net Pricing is the complete price of planning, without having the assist you should expect locate (provides and you can grants). It’s the number you’ll must cover yourself.
The us government has arrived with a standardized solution to determine exactly how much a frequent family relations have enough money for spend versus help. They phone call which the Requested Family members Contribution, otherwise EFC.
Such as, a family that provides family $80,100 in income prior to taxation, no property and no other pupils in school, have a keen EFC of about $seven,100000. This is basically the count the government thinks one to members of the family can be fairly shell out, and university would need to step up and you will cover the fresh other individuals.