Students working on the grass in front of Gilman Hall
the basics

Estimate your family contribution

The Net Price Calculator is a good place to start understanding the cost of a college education. Create “what if” scenarios based on expected family income and anticipated expenses, and start to plan and save well before applying to college.

Click here to complete the Net Price Calculator

Your family contribution for institutional financial aid is calculated by our staff, using the information reported on the Free Application for Federal Student Aid (FAFSA) and the College Scholarship Service (CSS) Profile. The family contribution consists of a parental expectation and a student expectation. Your family’s ability to pay is subtracted from the total cost of education for the year. The net amount if your financial aid eligibility or financial need. JHU makes every attempt to meet this eligibility on a funds-available basis, through a combination of grants, low interest loans, and work opportunities.

how aid works

Parental expectation

Many families use a combination of current income, savings, monthly payments, and long-term borrowing to provide for educational expenses. We are here to help support you and your family as you learn about eligibility for financial aid and explore payment options.

Factors that determine family contribution include both taxed and untaxed income, income taxes paid, number of family members, number of siblings in undergraduate school, and asset strength, i.e., value of savings, investments, business, and real estate. JHU follows the basic federal needs analysis formula for all federal aid but makes adjustments to that formula when determining eligibility for JHU grant assistance. Adjustments to the basic federal formula may be made on a case-by-case basis to reflect more accurately your family’s financial strength. Examples of these institutional adjustments are calculating an allowance for high medical or secondary school expenses, evaluating depreciation and business losses, generally disallowing siblings in graduate school, and including home equity in the formula.

Student expectation

We assume that students will work during the summer to help pay some of their school expenses.

Johns Hopkins University expects most students to contribute a minimum of $1,800 (for new students) and $2,600 (for returning students) from summer employment. Students are also expected to contribute from their savings and investments. In general, 20 percent of student assets are expected to be available for college costs each year.

Your aid package

Once your eligibility for aid has been established, Johns Hopkins University offers a financial aid package, which may consist of different types of aid from various sources.

Depending on your level of need, you may be offered a combination of grants, loans, and work opportunities. The foundation of an aid package is a “self-help” award of loans and work-study. After the self-help has been offered, your remaining financial need is met with grant assistance, depending on the availability of funds. This grant assistance may include a Johns Hopkins University Grant, Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), and state and private scholarships.