Cost of Attendance

A key element in determining financial need is determining the cost to attend a particular institution for a given period of time.  The Cost of Attendance is estimated to show how much it may cost a student to attend SPC for nine months (based on 12 hours).

Unmet Need:  
The difference between a student's Documented Need and all aid offered for the enrollment period. (Documented Need - Aid Offered = Unmet Need)

 Cost of Attendance: 
The budget includes estimated tuition and fees assessed a student, together with our estimate of the cost of room and board, transportation, books and supplies and miscellaneous personal expenses, student loan fees and dependent care for children under 11 years of age.  At the request of the student along with proper documentation, we may also add the cost of purchasing a computer or any disability related costs to the student’s cost of attendance. 

 Your Resources:  
Also known as EFC or Estimated Family Contribution is the amount a student and his or her family are expected to pay toward the student's cost of attendance as calculated by a Congressionally mandated formula known as Federal Methodology.  The EFC is used to determine a student's eligibility for financial aid programs.

 Documented Need: 
The difference between your Cost of Attendance and the family's estimated ability to pay or Estimated Family Contribution (EFC).  (Cost of Attendance - Estimated Family Contribution =Documented Need)