<p>With an Income of $120,000 a year…the parent contribution based on income alone would be in the $30,000 a year range. So start with the EFC for income only That would be about $30,000 a year.</p>
<p>Add the other things to that.</p>
<p>$30,000 parent EFC portion, plus at least $5600 from the 529, plus your supposed $18,000 scholarship…plus the $5500 Direct Loan…more than equals the cost of attendance. </p>