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Middlebury College
For all students, after the family covers any EFC and the student accepts loans of $1,000-$3,000 (depending on income), the college covers the remaining student budget with work-study and grant aid.| For all students. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers any EFC and the student accepts loans of $1,000-$3,000 (depending on income), the college assures enough work study and grant aid to cover these expenses |
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Total Expenses: $52,980
About the Financial Aid Pledge (2009-10):
How is EFC determined and used?
Institutional methodology. The family is expected to cover any EFC, including a student contribution of $2,100.
Institutional methodology. The family is expected to cover any EFC, including a student contribution of $2,100.
How much academic year work and/or need-based loans are included?
$1,800 in work.
For students with family income of less than $50,000, $1,000 in loans; for those with income between $50,000 and $80,000, $2,000 in loans; for those with income of more than $80,000, $3,000 in loans.
$1,800 in work.
For students with family income of less than $50,000, $1,000 in loans; for those with income between $50,000 and $80,000, $2,000 in loans; for those with income of more than $80,000, $3,000 in loans.
Does the offer account for the full student budget?
Yes.
Yes.
How are outside scholarships handled?
Outside scholarships reduce the work amount, then the loan amount, then institutional grant aid.
Outside scholarships reduce the work amount, then the loan amount, then institutional grant aid.
Note:
The college charges a comprehensive fee that includes room and board and is listed as tuition and fees above.
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: Middlebury, VTType: Private 4-year
Undergraduate enrollment: 3,538
Pell Grant recipients (a measure of low-income enrollment): 6%
Proportion of graduating seniors with student debt: 36%
Average debt: $19,981
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