s of $5,500 or less, after the family covers any EFC, the institution covers the remaining student budget with work-study and grant aid.
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For students with family incomes up to $50,000 and EFCs of $5,500 or less. . .
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2009-10 Estimated Student Budget
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|
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After the family covers any EFC, the institution covers the remaining student budget with work-study and grant aid.
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Tuition & Fees
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$43,816
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Books & Supplies
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$1,000
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Room & Board
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$9,088
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Transportation & Personal Expenses
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$900
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For students with family incomes between $50,000 and $75,000 and EFCs between $5,500 and $15,000. . .
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2009-10 Estimated Student Budget
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|
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After the family covers EFC and the student takes loans of and the student takes loans of $1,750 - $3,175 (depending on year in school), the institution covers the remaining student budget with work-study and grant aid.
|
|
|
Tuition & Fees
|
$43,816
|
|
Books & Supplies
|
$1,000
|
|
Room & Board
|
$9,088
|
|
Transportation & Personal Expenses
|
$900
|
|
About the Financial Aid Pledge (2009-10):
Who qualifies for the pledge (in addition to common requirements)?
Students with family incomes up to $75,000.
How is EFC determined and used?
Institutional methodology, including a student contribution of $1,000 - 1,350 for those with family incomes up to $50,000, or a student contribution of $1,750 for those with family incomes between $50,000 and $75,000.
How much academic year work and/or need-based loans are included?
For freshmen students with family incomes up to $50,000, no loans and work study between $1,100 and $1,400.
For freshmen students with family incomes between $50,000 and $75,000, $1,750 in loans and work-study of $1,400. Upperclassman are expected to take out loans of $2,250 to $3,175.
Does the offer account for the full student budget?
Yes.
How are outside scholarships handled?
Outside scholarships reduce EFC to the federal level, then loans, then the work-study expectation, and then grants.
Note:
The college charges a comprehensive fee that includes room and board and is listed as tuition and fees above.
About the Institution (2007-08):
Location: New London, CT
Type: Private 4-year
Undergraduate enrollment: 2,059
Pell Grant recipients (a measure of low-income enrollment): 8%
Proportion of graduating seniors with student debt: 41%
Average debt: $21,283
Glossary