McDaniel College 

Cost of Attendance

2011-2012 Attendance Costs

The Cost of Attendance (COA) is the estimated total cost of attending college for one year. It includes tuition and fees, room, board, books & supplies, personal expenses, and travel expenses.

The Financial Aid Office estimates the COA for a typical resident and commuter student to attend McDaniel College for the 2011-2012 year.

Student Budget (COA)  2011-2012

Campus Resident

Commuter

Tuition (12-22 Credits)

$34,780

$34,780

Room and Board

$7,380

$2,000

Books & Supplies

$1,200

$1,200

Personal Expenses & Miscellaneous Fees

$1,000

$1,000

Travel

$500

$1,000

Total

$44,860

$39,980

For a variety of reasons, the actual cost for any given student might differ from these standard budgets. Most notable are students who live in an off-campus apartment (without their parents) and independent students.

A student cannot receive more than the Cost of Attendance from any combination of institutional, federal, state, or private funding source. This includes merit and need-based aid as well as tuition benefits, ROTC awards, and RA contracts.

Your Costs

It is important to remember that costs vary from one college to another. It is crucial to calculate the difference between the financial aid awarded and the college costs – what the actual cost to you and your family will be.

For example:

2011-12 Tuition (12-22 credits)

$34,780

Room and Board

$7,380  

Total Annual Bill

$42,160

Less, for example, if all financial aid totals $22,000

$22,000

Amount left to be paid by the student and family

$20,160

Remember, students will also have indirect costs of personal and travel expenses and books.

Final Cost of Attendance

If the amount you and your family must pay is more than you think your family can afford-- don't panic! The process used to evaluate your eligibility for need-based aid is based on national norms and ordinary situations. Since individual circumstances vary, some applications require a more personalized approach. Talk to a member of the Financial Aid staff about your situation.

Recognize, however, that the primary responsibility for meeting college costs rests with you and your family. Financial aid is intended to supplement, not replace, family effort.

Information For:  


FAFSA on the Web

Complete your Free Application for Federal Student Aid here.

Finaid

This site provides the most comprehensive information about all aspects of financing a higher education.

Funding your Education

The U.S. Department of Education's site about financial aid.

FastWeb

A good place to start looking for scholarships.

Scholarship Scams

Don't waste your money and time on organizations that make scholarship promises they can't keep.