Through the PFS (Parents Financial Statement), SSS compiles the necessary financial information needed to estimate (after applying a formula) how much a family should contribute towards their child’s education . \r The formula considers income, what is owned, what is owed, the size of the family, and how many family members are enrolled in tuition-charging schools or colleges. \r SSS encourages schools to use their estimate to make their final determination about a family"s ability to pay. However, the final determination always comes from the school and not from SSS.