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Financial Aid Scenarios

Financial aid scenarios are as follows:

Scenario #1

Sara lives on campus and is a resident of North Carolina. Her expected family contribution (EFC) is $6,184.

Need: $18,448.00

Financial Aid Package
NC Legislative Tuition Grant 1,800
State Contractual Scholarship 3,000
Outside Scholarship 3,000
Federal College Work Study 1,500
Federal Subsidized Stafford Loan 2,625
Federal Plus Loan 12,507*

Scenario #2

Christopher is also living on campus and is a resident of Florida. His expected family contribution (EFC) is $26,236.

Need: $0

Financial Aid Package
Academic Scholarship 6,000
Administrative Dorm Scholarship 1,000
Federal Unsubsidized Stafford Loan 2,625*
Federal PLUS Loan 14,807*

Scenario #3

Emma is a student from North Carolina and has chosen to live with her parents. Her expected family contribution (EFC) is $4,509.

Need: $18,751

Financial Aid Package
NC Legislative Tuition Grant 1,800
State Contractual Scholarship 3,500
Federal College Work Study 1,500
Outside Scholarships 2,000
Federal subsidized Stafford Loan 2,625
Federal PLUS Loan 11,635*

*The Federal Regulations allow the financial aid office to include the Expected family Contribution (EFC) in the loan amount offered in the student's financial aid package. Each family situation is unique. Your family may have the resources available to provide the amount of the EFC and not require the loans to assist in paying college expenses.

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