Real Examples — Maine Students
The case studies below (composites based on real Farmington students) are intended for informational purposes only. The actual cost is dependent on your specific situation.
Note: The case studies below are based on Farmington's 2009-2010 expenses of $16,228 per year.
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Sarah Sarah is from a family of four living in Bangor area. Her parents are divorced and she lives with her mother. Sarah is the only one in her family attending college. Her parent's annual household income is $33,000 and her family's additional assets are $200. Sarah's Family Contribution (from the FAFSA) was $1,300. |
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| Farmington Bill | $16,228 | |||
| Minus Financial Aid | - $14,450 | |||
| Balance Left To Pay | $1,778 | |||
How Did This Work? |
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Josh Josh is from a family of four living in southern Maine. His sister also attends college. His family's annual household income is $55,000 and his family's additional assets are $500. Josh's Family Contribution (from the FAFSA) was $3,600. |
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| Farmington Bill | $16,228 | |||
| Minus Financial Aid | - $13,500 | |||
| Balance Left To Pay | $2,728 | |||
How Did This Work? |
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Emily Emily is from a family of three living in central Maine. Her family's annual household income is $60,000 and her family's additional assets are $1,000. Emily's Family Contribution (from the FAFSA) was $6,300. |
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| Farmington Bill | $16,228 | |||
| Minus Financial Aid | - $10,800 | |||
| Balance Left To Pay | $5,428 | |||
How Did This Work? |
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Justin Justin is from a family of three living in western Maine. His parent's annual household income is $72,000 and his family's additional assets are $20,000. Justin's Family Contribution (from the FAFSA) was $10,100. |
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| Farmington Bill | $16,228 | |||
| Minus Financial Aid | - $6,700 | |||
| Balance Left To Pay | $9,528 | |||
How Did This Work? |
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*Please note: For each example the Farmington Bill includes: tuition, mandatory fees, room & board. The figure used to determine financial aid, however, is $17,973, which ALSO takes into consideration other expenses such as travel, books, and miscellaneous expenses. A new federal rule allows all students to borrow an additional $2,000 unsubsibdized Stafford Loan. Federal Work-Study does not go toward the Farmington Bill.






