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| Cost of
Attending |
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How is my family's contribution determined?
The factors that determine a family's ability to contribute
to college costs are: income, assets, total number of family
members, and number of family members attending college. The
computation allows for necessary family expenditures such as
taxes, reasonable living costs, and unusual medical/dental
expenses, and protects a portion of a family's assets as a
retirement allowance. A portion of the family's assets is
protected for family emergencies and college savings for
younger children. A part of the remaining income and assets
is assumed to be available for college expenses. If more
than one child is attending college, the family contribution
is divided accordingly. Student applicants for Pomona
College aid are also expected to contribute between $1,800
and $2,100 from earnings during the summer and a fraction of
any personal savings.
How much does it cost to attend Pomona
College?
If you were to live on campus during the current academic
year, 2009-2010, your budget would be $51,668:
| Tuition |
$ 36,710 |
| Fees |
307 |
| Room and Board |
12,651 |
| Books |
900 |
| Personal Expenses |
1,100 |
| Total |
$51,668 |
For the financial aid recipient, the cost to the family
is the computed "family contribution" as explained below.
How is my financial aid eligibility determined?
Financial aid eligibility is the difference between the
total cost of attending a given college and the family
contribution. This total cost includes tuition and fees,
room and board, an allowance for books, supplies, and other
incidental expenses, and a travel allowance where warranted.
For example, assume an estimated cost of $20,000 at a state
university. A student whose family contribution is $12,000
would have a financial aid eligibility of $8,000 if he or
she lived in a dormitory at that state university. The same
student would have a financial aid eligibility more than
$39,668 if he or she lived on campus at Pomona.
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