LDSBC Financial Aid Guide

Expected Family Contribution and Cost of Attendance

Expected Family Contribution (EFC)

The Department of Education provides the following definition of the EFC:

The EFC is a measure of your family's financial strength and indicates how much of you and your family's financial resources (for dependent students) should be available to help pay for your education.  The EFC is calculated from the information you report on the FAFSA. (Funding Education Beyond High School 08-09, pg 5)

The EFC is used by the Financial Aid Office to determine the type of aid a student is eligible to receive.  This does not mean the family is required to pay the College that amount prior to the student receiving aid.  If the student is a dependent student, the EFC is calculated from the student’s and parents’ FAFSA information.  If the student is independent, the EFC is calculated from the student’s (and spouse’s) FAFSA information.

Estimated Cost of Attendance (COA)

The COA is an estimate of what a student may spend while attending LDS Business College, based on where the student will live during the award year.  These costs are estimates and are not costs the student is required to pay the College (except tuition costs).  The COA (listed below) is based on two semesters of full-time attendance.  

2014-15 Estimated Cost of Attendance (Fall and Winter)

  LIVING OFF CAMPUS LIVING WITH PARENTS
LDS Tuition $3,060 $3,060
Non-LDS Tuition $6,120 $6,120
Books & Supplies $650 $650
Room & Board $5,582 $2,640
Transportation $1,274 $1,274
Personal Expenses $2,100 $2,100
Loan Fees $46 $46
LDS Total $12,712 $9,770
Non-LDS Total $15,772 $12,830

2015 Estimated Cost of Attendance (Summer)

  LIVING OFF CAMPUS LIVING WITH PARENTS
LDS Tuition $1,530 $1,530
Non-LDS Tuition $3,060 $3,060
Books & Supplies $325 $325
Room & Board $2,791 $1,320
Transportation $637 $637
Personal Expenses $1,050 $1,050
Loan Fees $23 $23
LDS Total $6,356 $4,885
Non-LDS Total $7,886 $6,415

2013-14 Estimated Cost of Attendance (Fall and Winter)

  LIVING OFF CAMPUS LIVING WITH PARENTS
LDS Tuition $3,060 $3,060
Non-LDS Tuition $6,120 $6,120
Books & Supplies $650 $650
Room & Board $5,500 $2,600
Transportation $1,256 $1,256
Personal Expenses $2,100 $2,100
Loan Fees $46 $46
LDS Total $12,612 $9,712
Non-LDS Total $15,672 $12,772

2014 Estimated Cost of Attendance (Summer)

  LIVING OFF CAMPUS LIVING WITH PARENTS
LDS Tuition $1,530 $1,530
Non-LDS Tuition $3,060 $3,060
Books & Supplies $325 $350
Room & Board $2,750 $1,300
Transportation $628 $600
Personal Expenses $1,050 $1,000
Loan Fees $23 $20
LDS Total $6,306 $4,856
Non-LDS Total $7,836 $6,386

 

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