Student 1

This student is the only child of a Texas family. The family has an income of $39,000, no assets and no home equity.

Cost of Attendance

Student 1

Billed Expenses
 
Amount
Tuition, housing, meals, fees$84,840
Unbilled expenses (estimated)+$4,150
> Personal expenses$2,200
> Books and course materials$1,000
> Travel$950
Total Cost$88,990
Family ContributionAmount
Parental contribution$0
Student summer savings$900
Total Family Contribution$900
Financial Need
 
Amount
Total Cost$88,990
Total Contribution–$900
Financial Need$88,090
Amherst Financial Aid OfferAmount
Scholarship/grant$86,290
Campus job+$1,800
Total Aid Offer$88,090

Cost to Family

Student 1

Billed Expenses
 
Amount
Tuition, housing, meals, fees$84,840
Scholarship/grant–$86,290
Total Amount Billed
 
–$1,450
Estimated Indirect CostsAmount
Unbilled expenses (estimated)$4,150
Campus job–$1,800
Total Estimated Indirect Costs$2,350
Credit back to student account–1,450
Total Family Contribution
 
$900

Student 2

This student is from a Massachusetts family of five. The parents pay tuition for an older sister at college. The family has an income of $168,000 and $392,000 in home equity.

Cost of Attendance

Student 2

Billed Expenses
 
Amount
Tuition, housing, meals, fees$84,840
Unbilled expenses (estimated)+$2,850
> Personal expenses$1,800
> Books and course materials$1,000
> Travel$50
Total Cost$87,690
Family ContributionAmount
Parental contribution$19,900
Student summer savings+$1,800
Total Family Contribution$21,700
Financial Need
 
Amount
Total Cost$87,690
Total Contribution–$21,700
Financial Need$65,990
Amherst Financial Aid OfferAmount
Scholarship/grant$64,190
Campus job+$1,800
Total Aid Offer$65,990

Cost to Family

Student 2

Billed Expenses
 
Amount
Tuition, housing, meals, fees$84,840
Scholarship/grant–$64,190
Total Amount Billed
 
$20,650
Estimated Indirect CostsAmount
Unbilled expenses (estimated)$2,850
Campus job–$1,800
Total Estimated Indirect Costs$1,050
Total Family Contribution
 
$21,700

Student 3

This California student is the oldest of five. The parents pay $12,500 tuition yearly for a younger brother at a private high school. The family has an income of $193,000 and $465,000 in home equity.

Cost of Attendance

Student 3

Billed Expenses
 
Amount
Tuition, housing, meals, fees$84,840
Unbilled expenses (estimated)+$4,050
> Personal expenses$1,800
> Books and course materials$1,000
> Travel$1,250
Total Cost$88,890
Family ContributionAmount
Parental contribution$31,200
Student summer savings+1,800
Total Family Contribution$33,000
Financial Need
 
Amount
Total Cost$88,890
Total Contribution–$33,000
Financial Need$55,890
Amherst Financial Aid OfferAmount
Scholarship/grant$54,090
Campus job+$1,800
Total Aid Offer$55,890

Cost to Family

Student 3

Billed Expenses
 
Amount
Tuition, housing, meals, fees$84,840
Scholarship/grant–$54,090
Total Amount Billed
 
$30,750
Estimated Indirect CostsAmount
Unbilled expenses (estimated)$4,050
Campus job–$1,800
Total Estimated Indirect Costs$2,250
Total Family Contribution
 
$33,000

Back to Affording Amherst