Understanding the Harvey Mudd Financial Award

intparent
Sat, 06 May 2017 05:17:48 +0000

I’d email the FA office (they MIGHT answer emails over the weekend). I looked back at one of my kid’s old award letters, but it is from a few years ago. There was a section at the top that listed scholarships, federal loans, work study, and plus loans. There was a fall and a spring column.

Then below was a section called “Estimated Cost of Education” that listed the tuition & fees, room, board, etc. In our case, we owed the total amount in that section minus what was shown in the top section.

So the bottom section totaled around $64,000 that year, and if my kid’s total had been around $21,000 on the top, we would have paid around $43,000 that year (assume we took all the loans, accepted the work study award, etc).