Also, it is important to note that costs listed are for the 2001-2002 academic year, and that generally it is a good idea to budget for small increases from year to year. A standard formula is used to figure out your family's ability to contribute to the cost of your higher education. This formula takes into consideration family income, number of dependents, home equity, assets, and the number of other family members in college. This formula remains the same, no matter what the cost of college. Once the data is analyzed and the family's contribution is determined, that contribution is subtracted from the total cost of your education.
Most families use savings, income or loans to meet their contribution to college costs.
First, it is important to gain an understanding of the different types of financial aid we make available to students and families today. These are given on the basis of merit. We also award special Talent Awards based on a student's ability in the various academic disciplines of the college. The College of Santa Fe offers a variety of scholarships to high school students who have demonstrated academic excellence, leadership and community service. Our expectation is that these special students will also contribute positively to the college community.