Consumer debt and credit card debt are not considered in the calculation. Your wages, savings, tax refunds, and other sources of income may be used to cover education expenses. You may give part of the contribution to your SWT student at registration, or you may give it to your SWT student during the semester. The family contribution is not necessarily a lump sum that you will need to pay to send your SWT student to college. However, your SWT student will often need the family contribution at the beginning of each semester - to buy the necessary books and supplies.
Expenses vary from student to student.
You may file an adjustment if you have changes or loss of income. This form is available through our office.