Need and Cost
How Need Is Calculated
A student's financial need is calculated from the information provided on the Free Application for Federal Student Aid (FAFSA). The FAFSA formula produces an Expected Family Contribution (EFC). The EFC is then used by schools to determine qualifications for need based aid. The difference between the cost of attendance and a student's EFC is their financial need. A student can identify their EFC by looking in the upper right corner of the Student Aid Report (SAR). When completing a FAFSA on the web, you can see your EFC upon completion.
Cost of Attendance
Each student's cost to attend Corban varies somewhat, depending on individual circumstances. These include personal spending habits, housing and meal plan choices, and the choice of academic program. Your actual cost of attendance is the balance after grant and scholarship aid is applied.
The Financial Aid Office uses the following budget as a guideline in awarding financial aid to full-time students.
(The following amounts are subject to change.)
|Traditional Undergraduate Program||2014–2015|
|Tuition (12 to 17 credits)||$27,980|
|Room & Board (with largest meal plan)||$8,892|
|Tuition Fees, Room & Board||$37,532|
|Estimated costs not paid to the school|
(used to calculate financial need)
|Books and Supplies||$900|
*Fees fund student government, services, intramurals, parking, and security.
A one-time enrollment fee of $100 will be charged to each new traditional undergraduate student.
There is a $40 technology fee each semester and lab fees associated with some classes.
Please keep in mind that this is the cost before Financial Aid.