|
|
CMC Study Abroad: Financial Aid Examples
|
Jones Family normally Pays $8,000 EFC per semester:
|
|
|
Semester Budget
EFCM
Total Financial Aid
Program Cost
Total owed to CMC
Family pays commit deposit, airfare, and the difference goes to the student for out-of-pocket expenses while abroad
|
$20,170
($8,000)
$12,170
-$15,870
$3,700
$4,300
|
|
|
|
|
Jones Family normally Pays $5,000 EFC per semester:
|
|
|
Semester Budget
EFCM
Total Financial Aid
Program Cost
Total owed to CMC
Family pays commit deposit, airfare, and the difference goes to the student for out-of-pocket expenses while abroad
|
$20,170
($5,000)
$15,170
-$15,870
$700
$4,300
|
|
|
|