After and EFC is calculated, fine-tuning financial data to provide a better cost picture for Parents is available in SCOIR. SCOIR integrates the College Abacus website directly into SCOIR for easy access and cost comparison of up to three (3) Colleges at a time using College Abacus tool. This helps determine college costs prior to Student(s) applying to Colleges and gives Parents a clearer financial picture of each College. Click on the ''Get Started" button.
Follow the Steps Provided. Note: Some Colleges prevent the use of College Abacus and will not allow College Abacus to access their school costs. Selection of these schools will be prevented while using the tool.
This warning will appear.
If the College costs are available, the College can be entered.
Upon completing the College Abacus, view the results.
Enter the results of the College Abacus into the corresponding SCOIR College selection.
NOTE: Do not leave the College Abacus window until all financial data is entered!! College Abacus will not save data. Data needs to be entered directly into the College list on the right (Abacus Net Price) prior to leaving this screen.
When all of the College data is entered, click Colleges in the upper right corner to return to the main SCOIR page.
The updated costs will now show in SCOIR to provide a more accurate picture for Parents. Notice that in this example and the information entered into the College Abacus, the cost to attend one college will be less than the cost to attend the other, even though the starting price was higher. It provides a much better picture of college costs, depending on the data entered.