College Financing Plan
The College Financing Plan (CFP) is a consumer tool that provides a national standard for financial aid award notices and makes it easier for students to compare awards from different institutions. The CFP provides students with key information including:
- How much one year of school will cost;
- Financial aid options with a clear differentiation between grants and scholarships, which do not have to be repaid, and loans, which do;
- The net costs after grants and scholarships are taken into account;
- Vital information about student results, including comparative information about default rates, graduation rates, and median debt levels for the school;
- And potential monthly payments for the federal student loans the typical student would owes after graduation.
Students will find their Financing Plan online in their Campus Connection portal. Access at: Campus Connection > Student Center > Finances > View Financial Aid.