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Stanford University
For students with parental incomes below $60,000, after the student covers the student portion of the EFC (a minimum of $2,000 for most students) and has work-study of $2,500, the university covers the remaining student budget with grant aid.| For students with parental income below $60,000. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers the student portion of any EFC (a minimum of $2,000 for most students) and the student has work-study of $2,500, the campus provides enough grant aid to cover these expenses |
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Total Expenses: $50,992
For all other students, after the family covers the EFC (with a minimum student contribution of $2,000 for most students) and the student has work-study totaling $2,500, the university covers the remaining student budget with grant aid.
| For all other students. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers the EFC (with a minimum student contribution of $2,000 for most students) and the student has work-study totaling $2,500, the university provides enough grant aid to cover these expenses |
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Total Expenses: $50,992
About the Financial Aid Pledge (2009-10):
How is EFC determined and used?
Institutional Methodology. The parental portion of the EFC is waived for students with parental income below $60,000. Between $60,000 and $100,000 the parental contribution will typically be no higher than the cost of room and board. Families with incomes above $100,000 are expected to cover the full EFC.
A student contribution of $2,000 is required of all students.
Institutional Methodology. The parental portion of the EFC is waived for students with parental income below $60,000. Between $60,000 and $100,000 the parental contribution will typically be no higher than the cost of room and board. Families with incomes above $100,000 are expected to cover the full EFC.
A student contribution of $2,000 is required of all students.
How much academic year work and/or need-based loans are included?
$2,500 of work-study.
$2,500 of work-study.
Does the offer account for the full student budget?
Yes.
Yes.
How are outside scholarships handled?
Outside scholarships reduce work-study then the student contribution before reducing grant aid.
Outside scholarships reduce work-study then the student contribution before reducing grant aid.
About the Institution (2007-08):
Location: Stanford, CAType: Private 4-year
Undergraduate enrollment: 7,875
Pell Grant recipients (a measure of low-income enrollment): 12%
Proportion of graduating seniors with student debt: 40%
Average debt: $15,724
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