See examples of what your CCS award package might look like.

Sample Financial Aid Award Packages

Academic Year 2012 - 2013Student A Student BStudent CStudent D
MI Resident
EFC = 0
High Need
Outstanding Ability
MI Resident
EFC = 11014
Med High Need
Average Ability
Non-Res
EFC = 23722
Med Need
Outstanding Ability
Non-Res
EFC = nonfiler
No Need
Above Avg Ability
Tuition, Fees and Housing



Tuition and Fees$34,376$34,376$34,376$34,376
Housing and Meal Plan $8,100$8,100
Total Tuition, Fees and Housing$34,376$34,376$42,476$42,476
Scholarships and Grants



CCS Scholarship$11,000$6,000$11,000$8,000
CCS Tuition Grant$500$1,150$2,500$0
Federal Pell Grant$5,550$0$0$0
Michigan Tuition Grant$1,512$1,512$0$0
Total Scholarships and Grants$18,562$8,662$13,500$8,000
Amount Due After Scholarships and Grants$15,814$25,714$28,976$34,476
Student Loans



Federal Subsidized and/or Unsubsidized Stafford Loans
(available to all students)
$5,500$5,500$5,500$0
Amount Due After Scholarships, Grants and Student Loans$10,314$20,214$23,476$34,476
Payment Options



Amount Due September 30, 2012$5,157$10,107$11,738$14,488
Amount Due January 31, 2013$5,157$10,107$11,738$14,488
Amount due each month on 10-month Payment Plan through TMS
(TMS charges an annual enrollment fee of $55)
$1,031$2,021$2,348$3,448
Additional Loans Available



Optional Federal Plus or Private Loans Available - maximum allowed
(must be approved by lending institution)
$25,714$35,614$35,276$0

Definitions
EFC – The EFC (Expected Family Contribution) is used by colleges to determine a student's financial aid package. It represents the amount of money a family can reasonably be expected to contribute toward college expenses. After completing the FAFSA, a student will receive a Student Aid Report (SAR) that includes the EFC. The Federal Student Aid Office (part of the U.S. Department of Education) determines the EFC through an assessment of income, investments and savings.

Ability – The ability rating is determined by a combination of artisit ability (portfolio) and academic ability (GPA and ACT or SAT scores - test scores not required for transfer students)

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