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Exact(19)
The expected family contribution is the sum of the student contribution and the parent contribution.
"Regardless of the arguments both for and against a higher level of student contribution, the financial sustainability of the new system is untested.
Ms. Scott-Clayton explains the simultaneous increase in college sticker price and decrease in average student contribution to a rise in grants and tax-based aid.
That is why Brian Lang may argue for an independent inquiry and a bigger student contribution, but no one else is in a hurry to follow him.
One child may have greater income and assets than the other, leading to a higher student contribution portion of the EFC.
The 20% cut in student subsidies remains an option in the discussion paper and alternatively a "small reduction" in student subsidies but a "small increase" in maximum capped student contribution that universities could charge.
Similar(40)
Larger student contributions will determine whether people really want them.
Pyne said he believed he was winning the public debate on the university changes and Australians would agree that a 50-50 split for student contributions was fair.
This 20% requirement would be calculated by comparing the combined income the university received under the current arrangements, including Commonwealth Grant Scheme funding and the maximum student contributions, with "the income generated from student contributions and commonwealth grant funding under the new arrangements".
"Students and higher education institutions can now plan on the basis that arrangements for government funding and student contributions will be the same in 2016 as they were in 2015, indexed for inflation".
Caps on student contributions that higher education providers are allowed to charge will be removed from January 2016, for students to accept an offer to start a course from now onwards.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com