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Seems off. I used a higher income with sibling and it estimated $13k family contribution via IM formula. That was close to BU’s own calculator, which suggested
by 1123581321 5y ago
Seems off. I used a higher income with sibling and it estimated $13k family contribution via IM formula. That was close to BU’s own calculator, which suggested a $17k combination of loans and family contributions, forgiving roughly $60k via needs.
FM estimated twice IM which I take to mean BU uses IM.
- LigmaYC 5y agoWhat is IM formula? I am using BUs own calculator.
- 1123581321 5y agoYour link asks if you want Federal or Institutional Method when calculating expected family contribution (FM vs IM) or to run both methods. I don’t know why a school would choose one or the other, just noting the similar result from IM. Boston seems to have two calculators going. This is the one I found in Tuition & Aid, that provides institution-specific results. https://app.myintuitionapp.org/institution/2fc48230-f626-4d2e-a602-63d8dbd1db45/costestimator https://app.myintuitionapp.org/institution/2fc48230-f626-4d2...
- LigmaYC 5y agoOh right, thanks.