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Alternative Financing Worksheet

Determining the amount to borrow requires the student and family to estimate the resources available for college expenses. Loan debt should always be considered seriously and the borrower should be aware of his/her responsibilities when repayment begins.

Use the following as a guide to determine how much to seek in alternative financing at Carleton.

Total Cost of Attendance (including tuition, room, board, required fees, books, supplies, transportation and other personal expenses. The current Comprehensive Fee is $48,039 which does not include books, supplies, personal and travel expenses) $_________
How much will the student contribute? (include summer earnings and savings) $_________
How much will parents contribute? (from income and assets) $_________
Financial aid received (grants and scholarships, workstudy, and needbased loans) $_________
Other resources (grandparents, other relatives, education savings plans, outside scholarships, etc.) $_________
Amount not covered and to be considered for alternative financing = $_________