<p>Hello, I am newbie parent. My son is 2011 senior and planning to apply to CMU. My daughter is already in 2nd year of her college(full time). I used collegeboard estimated family contribution calculator using our financial informations. It came out that our EFC is $18642. Does this mean that I should pay for daughter $18642 and my son $18642 ie $37284 in total?. Now, CMU's yearly expense is around $55k. Given the situation, how much financial aid(grants, scholarship, loan etc) would be possible from CMU?. If there a parent that have gone thru this scenario as mine, please respond. Would be very helpful on deciding whether to go for CMU or not. Appreciate all your responses. </p>
<p>Thanks.</p>