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Calculating Your Financial Aid Award
Your financial aid is determined by CMU’s cost of attendance and your ability to
pay. Your ability to pay is the Expected Family Contribution (EFC) and it is
based upon the financial information you supply to the federal processor on your
The difference between the cost of attendance and your expected family
contribution is your need, which equals the amount of your subsidized loan
You may also be eligible for an unsubsidized loan to cover your expected family
For example, if the cost of attendance were $1,000, and your expected family
contribution was $500, your need and the amount of subsidized loan you would be
eligible for would be $500.
Cost of attendance
You may also be eligible for an unsubsidized loan of $500.