Student Budgets

Student budgets are an important component in the Financial Aid process. Standard full-time (12 hours per Fall/Spring semesters) student budgets reflecting the CC average student population cost of attendance at a modest, but adequate standard of living are used to award Financial Aid. Special budget considerations are approved by the Financial Aid staff on a case-by-case basis.

The Federally-mandated basic components used to derive a student budget are as follows:

Tuition and Fees
Books and Supplies
Room and Board
Personal and Miscellaneous Expenses

Average costs are used. Students were surveyed and the average costs were determined by analyzing data provided by students. However, on a case by case basis, the FAA may exercise professional judgment and use actual costs and/or modify expense components.

For students who are enrolled less-than-half-time, only costs for tuition and fees, books and supplies and transportation expenses may be included as part of the cost of attendance.

Upon request, Aid Officers may review, and if appropriate, adjust a student's budget. Students must submit supporting documentation.

Examples of changes to standard budgets include, but are not limited to:

A. Child care - the cost of child care for students with dependent children may be added to a standard budget.
B. Special needs - disabled students or students with special problems may be allocated funds to cover reasonable costs associated with disabilities or problems that are not already covered by other resources.

Once this process is complete, which includes verifying the student is degree seeking and has met admission requirements, the documents received date is entered in the CAMS system. Entering this date should prevent any future ISIR transactions from uploading into CAMS and over-riding the ISIR for which the student's award was based.