CMC Financial Aid Examples*

*based on 2013-2014 fees
Jones Family pays $15,000 (Estimated Family Contribution) EFC* per semester

DC Semester Budget
Less EFC

Total Financial Aid
Program Cost

Family Owes CMC
The remainder of EFC ($10,192.50) not paid to CMC can be used by the student to cover room, board and miscellaneous expenses while on the program.

$33,005.00
($15,000)
___________
$18,005.00
($22,812.50)
___________
$4,807.50

   

Smith Family pays $5,000 EFC* per semester

Semester Budget
Less EFC

Total Financial Aid
DC Program Cost

Student Credit Balance**

$33,005.00
($5,000)
___________
$28,005.00
($22,812.50)
___________
$5,192.50

 **Any disbursement of funds needs to be requested through the Office of Student Accounts.
The EFC of $5,000.00 not paid to CMC can be used by the student to cover room, board, and miscellaneous expenses while on the program.