What is Cost of Attendance?
The Cost of Attendance (COA) includes tuition, books/materials, fees, supplies, room and board,
transportation, and dependent care. Federal student aid is first applied to tuition, books/materials,
and fees. Remaining funds can then be used to cover other costs.
What is Expected Family Contributioin (EFC)?
EFC is a number calculated by the government using information from your FAFSA. It represents
the annual dollar amount you and your family are expected to contribute towards your cost of
attendance.
How is financial need calculated?
Financial need is the difference between your cost of attendance and your family’s ability to
contribute to those expenses.
Financial need is calculated by the following formula: Financial Need = COA - EFC
How does my enrollment status affect Financial Aid?
Your enrollment status (full-time or part-time) affects the amount of grants you are eligible
to receive. To receive loans, you must be enrolled at least halftime.
What if my circumstances change?
If a situation arises which causes your family to have substantially less income or higher
expenses than anticipated you may request a professional judgment review to adjust your FAFSA,
which may increase the amount of aid you can receive.
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