Each year: scholarship reduces cost, parent monthly contributions pay directly, then federal loan cap ($5500, $6500, $7500, $7500), then 529 fills the gap until exhausted, then parent / private loans (accruing interest while in school).
| Student | Total Cost | Scholarship | Parent Direct | Federal Loans | 529 Used | Parent Borrowed | Parent Bal. at Grad | Parent Monthly (10yr) | Parent Total Paid (10yr) |
|---|
| Student 1 | $150,854 | $0 | $0 | $27,000 | $5,000 | $118,854 | $143,357 | $1,739 | $208,718 |
| Student 2 | $150,854 | $0 | $0 | $27,000 | $5,000 | $118,854 | $143,357 | $1,739 | $208,718 |
| Family Total | $301,709 | $0 | $0 | $54,000 | $10,000 | $237,709 | $286,714 | $3,479 | $417,436 |
