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Sample Financial Case Studies

It's impossible to anticipate every situation and combination of factors that might affect the cost of an undergraduate college education. We've listed case studies below to cover some of those possible scenarios.

We have tried to be as clear, complete, and realistic as we can in each case. But they're still hypothetical. These models are based on 2010-2011 pricing figures, but the principles are the same. You will need to work with one of the college's Financial Aid counselors to refine the projected costs relating to your circumstances.

 

Full Cost with no Financial Aid
  Per Semester Costs 4 year
(8 semester) Completion
3 year (6 semester + TMC Online) Completion Cost Savings
Tuition & Fees $12,265 $98,120 $73,590
Room & Board $4,000 $32,000 $24,000
TMC Online Tuition costs* $0 $0 $7,200 $25,330
Total Costs $16,265 $130,120 $104,790
 
 
Net Cost including Average Financial Aid Awards
for Average Need, Out-of-State Students
Tuition & Fees $12,265 $98,120 $73,590
Room & Board $4,000 $32,000 $24,000
TMC Online Tuition costs* $0 $7,200
Federal Financial Aid $2,200 $17,600 $13,200
Institutional Financial Aid $4,700 $37,600 $28,200 $11,530
Total Costs $9,365 $74,920 $63,390
 
 
Net Cost including Average Financial Aid Awards
for High Need, Out-of-State Students
Tuition & Fees $12,265 $98,120 $73,590
Room & Board $4,000 $32,000 $24,000
TMC Online Tuition costs* $0 $7,200
Federal Financial Aid $3,625 $29,000 $21,750
Institutional Financial Aid $4,650 $37,200 $27,900 $8,780
Total Costs $7,990 $63,920 $55,140
 
 
Net Cost including Average Financial Aid Awards
for Average Need Students w/ Cal Grant Award
Tuition & Fees $12,265 $98,120 $73,590
Room & Board $4,000 $32,000 $24,000
TMC Online Tuition costs* $0 $7,200
Federal & State Financial Aid $5,500 $44,000 $33,000
Institutional Financial Aid $3,850 $30,800 $23,100 $6,630
Total Costs $6,915 $55,320 $48,690
 
 
Net Cost including Average Financial Aid Awards
for High Need Students w/ Cal Grant Award
Tuition & Fees $12,265 $98,120 $73,590
Room & Board $4,000 $32,000 $24,000
Online Tuition costs* $0 $7,200
Federal State Financial Aid $7,500 $60,000 $45,000
Institutional Financial Aid $3,500 $28,000 $21,000 $3,330
Total Costs $5,265 $42,120 $38,790