College Expense and Resource Projections

College Expense and Resource Projections - College Expense...

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College Expense and Resource Projections Expenses Freshman Sophomore Junior Senior Total $6,125.00 $6,584.38 $7,078.20 $7,609.07 $27,396.65 8,750.00 9,406.25 10,111.72 10,870.10 39,138.07 Clothes 750.00 806.25 866.72 931.72 3,354.69 Entertainment 1,025.00 1,101.88 1,184.52 1,273.35 4,584.74 Miscellaneous 675.00 725.63 780.05 838.55 3,019.22 Total Expenses $17,325.00 $18,624.38 $20,021.20 $21,522.79 $77,493.37 Resources Freshman Sophomore Junior Senior Total Savings $1,732.50 $1,862.44 $2,002.12 $2,152.28 $7,749.34 Parents $3,465.00 $3,724.88 $4,004.24 $4,304.56 $15,498.67 Job $1,732.50 $1,862.44 $2,002.12 $2,152.28 $7,749.34 Loans $5,197.50 $5,587.31 $6,006.36 $6,456.84 $23,248.01 Scholarships $5,197.50 $5,587.31 $6,006.36 $6,456.84 $23,248.01 Total Resources $17,325.00 $18,624.38 $20,021.20 $21,522.79 $77,493.37 Assumptions Savings 10.00% Parents 20.00% Job 10.00% Loans 30.00% Scholarships 30.00% Annual Rate Increase 7.50%
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This note was uploaded on 06/30/2010 for the course CINS 8009 taught by Professor Jadams during the Spring '09 term at Ivy Tech Community College.

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College Expense and Resource Projections - College Expense...

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