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Estimating Costs For Attending Mt. Hood Community College

How Your Budget Is Determined:

Financial Aid budgets are based on averages and do NOT reflect your actual costs for attending college or for all your living expenses. At MHCC, your budget can be increased for childcare costs, for program costs, or for unusual medical or disability expenses necessary for your student responsibilities. Adding these costs may not result in full payment for those expenseseven with student loans. The amount of aid we can give you is determined by a Financial Aid Coordinator on a case-by-case basis. But adding your special expenses into your budget does allow us to see a more accurate picture of your school-related costs. Many times, students must borrow, taking out student loans to meet above-average educational costs. Please realize that we cannot add your monthly debts to your budget, such as house payments, car payments insurance, etc. You are still responsible for those, over and above school costs, and financial aid will not help you pay for them.

How Our Costs Compare:

Most community colleges cost less than other colleges and our costs are about the same as other state-funded community colleges. Four-year public universities cost more but are fairly equal to each other. Private schools generally have the highest cost per credit hour. Room and board differs between a student living at home and a student living away from home. This difference is clearly reflected in the increased amount of room and board for students who pay rent versus students who live with a family member or significant other.

How We Determine Your Aid:

Analysis of your Free Application for Federal Student Aid (FAFSA) determines how much you (and your parents if applicable) are expected to contribute toward your education (EFC: Expected Family Contribution). Financial aid can help pay the difference between your cost of attendance and what the Federal Processor said that your family or you could contribute toward your education and living expenses. You do not pay your EFC to anyone; its a calculation that helps determines what type of financial aid you are eligible for.

2008-09 MT. HOOD COMMUNITY COLLEGE FINANCIAL AID STUDENT BUDGETS

FULL-TIME (12 cr or above)	One Term 3 Months	Two Terms 6 Months	Three Terms 9 Months	Four Terms 12 Months
STUDENTS LIVING AT HOME Tuition* & Fees Books and Supplies Room and Board* Transportation Personal Expenses* TOTAL**	1051 350 874 412 270 2957	2102 700 1748 824 539 5913	3153 1050 2622 1236 810 8871	4204 1400 3496 1648 1080 11828
STUDENTS LIVING AWAY FROM HOME Tuition* & Fees Books and Supplies Room and Board* Transportation Personal Expenses* TOTAL**	1051 350 1830 412 493 4136	2102 700 3660 824 986 8272	3153 1050 5490 1236 1479 12408	4204 1400 7320 1648 1972 16544
THREE-QUARTER TIME (9-11 cr)
STUDENTS LIVING AT HOME Tuition* & Fees Books and Supplies Room and Board* Transportation Personal Expenses* TOTAL**	751 262 655 309 205 2182	1502 524 1310 618 410 4364	2253 786 1965 927 615 6546	3004 1048 2620 1236 820 8728
STUDENTS LIVING AWAY FROM HOME Tuition* & Fees Books and Supplies Room and Board* Transportation Personal Expenses* TOTAL**	751 262 1375 309 373 3070	1502 524 2750 618 746 6140	2253 786 4125 927 1119 9210	3004 1048 5500 1236 1492 12280
ONE-HALF TIME (6-8 cr)
STUDENTS LIVING AT HOME Tuition* & Fees Books and Supplies Room and Board* Transportation Personal Expenses* TOTAL**	526 175 438 206 138 1483	1052 350 876 412 276 2966	1578 525 1314 618 414 4449	2104 700 1752 824 552 5932
STUDENTS LIVING AWAY FROM HOME Tuition* & Fees Books and Supplies Room and Board* Transportation Personal Expenses* TOTAL**	526 175 915 206 249 2071	1052 350 1830 412 498 4142	1578 525 2745 618 747 6213	2104 700 3660 824 996 8284

*All tuition and fees are subject to change by the Board of Education. Tuition is estimated 2008-2009 costs. All financial aid is subject to availability of funds. The Office of Financial Aid reserves the right to revise awards without prior notice should fund availability change. Also, OUT-OF-STATE tuition is the same per credit hour, no matter how many credits are taken. If you are charged out-of-state tuition, please contact this office.
**Student Activity Fee ($2.50) and Technology Fee ($4.00) per credit added.
***Add on costs for child care are documented separately.