The Family Contribution
Parents and students work together.
Your total expected family contribution (EFC) is comprised of two parts. To determine the parent contribution we consider many factors, including income, assets, expenses, and household size. The parent contribution is meant to cover the billed expenses as well as non-billed travel expenses.
The student contribution represents an estimated amount that students will spend on their own out-of-pocket expenses during the academic year. This amount matches the Books and Personal Expenses allowance in the student budget and is meant to cover those expenses. For convenience, the class dues and activities fees, which are part of these budgeted expenses, are billed on the student account directly. It is important to note, however, that the student contribution is not an amount you are required to pay on the student bill—rather, it is an estimation of your out-of-pocket expenses. You will determine your own spending, which may differ from this amount.
In addition to working in a campus job and earning wages to cover expenses, students may earn outside scholarships, utilize earnings from the summer, or choose to borrow a student loan.