Read How We Saved These
5 Families $387,772 on College

Total Savings $125,552
High EFC Case Study 1
Olivia
* Science Degree
* SAT 1960
* Considered 15 colleges nationwide, applied to 9
* Family income approximately $91,000
* $60,000 taxable investments, $32,000 UGMAs, $150,000 home equity
* 4 members in family, 1 student in college
* Initial EFC approximately $31,000
* Final EFC approximately $19,000

Results
* Student attending SMU
* Cost of Attendance - $44,309
* Expected Family Contribution - $19,000
* Financial Aid Eligibility - $25,309
* Financial Aid Award ? $31,388
$22,888 Hunt Scholarship
$5,000 Honors Award
$3,500 Stafford Loan
* Net Out of Pocket College Expenses - $12,921 per year
* Savings over 4 years - $125,552

Total Savings $42,000
High EFC Case Study 2
Stephen
* Sociology Major
* Sat 1690
* Considered 15 colleges nationwide, applied to 4
* Family income approximately $140,000
* $15,500 529 College Savings Plan, $15,500 UGMAs, $85,000 home equity
* 4 members in family, 1 student in college
* Initial EFC approximately $48,100
* Final EFC approximately $45,030

Results
* Student attending St. Edwards University
* Cost of Attendance - $25,500
* Expected Family Contribution - $45,030
* Financial Aid Eligibility - $0
* Financial Aid Award ? $10,500
$7,000 Presidential Award
$3,500 Stafford Loan
* Net Out of Pocket College Expenses - $15,000 per year
* Savings over 4 years - $42,000

Total Savings $78,000
High EFC Case Study 3
Harrison
* Major Pre-med
* SAT 1940
* Considered 22 colleges nationwide, applied to 10
* Family income approximately $128,913
* $65,000 home equity, $30,000 taxable investments, $108,000 UGMAs
* 4 members in family, 1 student in college
* Initial EFC approximately $64,366
* Final EFC approximately $46,426

Results
* Student attending Schreiner
* Cost of Attendance - $45,500
* Expected Family Contribution - $46,426
* Financial Aid Eligibility - $0
* Financial Aid Award ? $19,500
$10,000 Schreiner Award
$3,500 Stafford Loan
* Net Out of Pocket College Expenses - $26,000 per year
* Savings over 4 years - $78,000

Total Savings $98,000
Mid Level EFC Case Study 4
Zach
* Computer Science Major
* SAT 1590
* Initially considered 6 colleges in Oregon, applied to 5 in Western States
* Family income approximately $88,000
* $117,000 home equity, $12,000 UGMAs
* 2 members in family, 1 student in college
* Initial EFC approximately $21,670
* Final EFC approximately $17,139

Results
* Student attending University of Portland
* Cost of Attendance - $37,040
* Expected Family Contribution - $17,139
* Financial Aid Eligibility - $19,901
* Financial Aid Award ? $24,500
$17,000 President?s Scholarship
$3,500 Stafford Loan
$4,000 PLUS Loan
* Net Out of Pocket College Expenses - $20,040 per year
* Savings over 4 years - $98,000

Total Savings $44,220
Mid Level EFC Case Study 5
*Will
* Geology Major
* Sat 830/1500
* Initially considered 12 colleges in nationwide, applied to 5 in Western States
* Family income approximately $77,500
* $85,000 home equity, $23,000 taxable investments, $5200 in 529 College Savings Account
* 2 members in family, 1 student in college
* Initial EFC approximately $24,000
* Final EFC approximately $14,000

Results
* Student attending University of Wyoming
* Cost of Attendance - $21,958
* Expected Family Contribution - $14,000
* Financial Aid Eligibility - $7,958
* Financial Aid Award ? $11,055
$5,130 WUE Scholarship
$2,625 Stafford Loan
$1,500 Perkins Loan
$1,800 Work Study
* Net Out of Pocket College Expenses - $10,903 per year
* Savings over 4 years - $44,220