Bryn Mawr students are expected to contribute to the cost of their education, and to apply for federal and state aid programs. The minimum expected contribution from summer savings is $2,400 for first- year students. Incremental increases for upper-class students may be expected annually. A student who chooses not to work, is unable to work or unable to save from summer earnings may be able to borrow to fill the gap or to work more during the academic year. The College will not offer additional grant assistance to replace the summer savings obligation, nor will the College replace state grant funds forfeited due to a late state grant application. Each student is also expected to contribute at least one- fourth of any personal assets held in her name at the time of her initial application for each year that aid is received.