Definition of Need
Need is defined as the difference between the cost of attendance at a particular institution and the family's ability to pay for those costs. The amount the family is expected to pay is commonly referred to as Expected Family Contribution, or EFC, which is determined when students file the Free Application for Federal Student Aid (FAFSA). The difference between the cost and the EFC is called "financial need." Principles of Need Analysis A family’s ability to pay (that is, the EFC) is calculated using a process known as “need analysis.”
Need analysis is based upon the principles that:
A standard student budget is constructed for all financial aid recipients, which includes the average cost associated with attending Mt. San Antonio College. Average students costs for various categories in budgets are developed by the Financial Aid Office using surveyed information provided by the California Student Aid commission and the Chancellor's Office for California Community Colleges.
Standard student budgets are constructed recognizing different cost for three categories of students. Those living at home, those living away from home, and those attending less than half-time (less than half-time budgets are used to determine Federal Pell eligibility only). Non-resident students will have the cost of tuition added as a budget component to determine loan eligibility. 2011-2012 Cost of Attendance.
Living with Parents
Living Away from Home
< 1/2 Time
|Room & Board||$4,392||$10,980||$0|
*(NOTE: Non-resident students add $5,992 ($214 per unit x 28 units, or 14 units each term)