Cost of Attendance (determined by each college)-Expected Family Contribution (determined by FAFSA, reviewed by each college)=Demonstrated Financial Need (each college will determine the portion of need to meet based on number of applicants and available funds)
All colleges use the above definition of need when considering a student's eligibility for financial assistance based on need. Awards not based on need, such as academic scholarships, reduce eligibility for awards based on need.
The following Expected Family Contribution (EFC) Calculator link is made available here as a service for our parents and students. R-MC will not receive your early estimate results to award financial assistance. You must complete the Free Application for Federal Student Aid in order for us to determine your official expected family contribution and eligibility for need-based financial aid.
If you would like an early estimate (prior to January 1) of your Expected Family Contribution, please follow one of the links below:
FAFSA4casterRecommended for high school seniorsAdditionally, families of entering freshmen seeking an estimate of their net price can complete our net price calculator.