What if My Circumstances Change?
If a situation arises which causes your family to have substantially less income than anticipated we will work with you to adjust your FAFSA, which may increase the amount of aid you can receive.
What is Cost of Attendance?
The Cost of Attendance (COA) is tuition, books, fees, supplies, transportation, and dependent care. Federal student aid is first applied to tuition, books, and fees. Remaining funds can then be used to cover other costs.
What is Expected Family Contributioin?
The Expected Family Contribution (EFC) is a number calculated by the federal government using information from your FAFSA. It represents your family’s share of annual expenses.
How is Financial Need Calculated?
The amount of aid you are eligible to receive depends on the difference between your cost of attendance for the year and you and your family's ability to contribute to those expenses. In other words, your need is determined by the following formula:
Financial Need = COA - EFC
How Does my Enrollment Status Affect Financial Aid?
Your enrollment status (full time, three quarters time, half time, and less than half time) affects the amount of grants you are eligible to receive. To receive loans, you must be enrolled at least half time.
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