Cost of Attendance
Understanding Cost of Attendance
Cost of Attendance (COA) is the estimated amount it will cost you to go to college at Mid. It is not necessarily the amount you will end up paying. It includes tuition, books, housing, transportation, and other personal expenses. On a case by case basis, adjustments may be made to a student's COA based on program of study, dependent care expenses, and/or the allowance for a one time purchase of a computer.
Expected Family Contribution (EFC) incorporates your family's income, assets, and benefits along with considering your family size and the number of family members attending college. EFC is not necessarily the amount you will end up paying. It is calculated according to a formula established by federal law. You will see your EFC on your Student Aid Report (SAR), which is the report you receive after you have filed the Free Application for Federal Student Aid (FAFSA).
How is Financial Aid Determined?
Financial need is determined by subtracting a student’s Expected Family Contribution (EFC) from their Mid cost of attendance budget. Mid must consider all sources of financial assistance and subtract the estimated amount of all assistance from the student’s estimated total financial need.
To determine a student’s eligibility for need-based assistance, Mid must consider the student’s EFC. The EFC is calculated by the U.S. Department of Education from the information submitted in the student’s FAFSA. The EFC measures a family’s financial strength and determines the students' eligibility for federal student aid. Mid's financial aid office must use the EFC calculated by the U.S. Department of Education. However, when appropriate Mid's financial aid office may make adjustments. Contact Mid's financial aid office for more information.
For Financial Aid purposes, EFC - COA = Your Financial Need
Estimated Cost of Attendance
Below is a chart detailing estimated Cost of Attendance for 2022-2023 year, based on full-time attendance for Fall and Winter semesters, totaling 26 credit hours for the academic year.
|Expenses||In District||Out of District||International|
|Room & Board||$7,158||$7,158||$7,158|