Eligibility

Your eligibility for the various forms of financial aid is dependent on your overall financial need. The Free Application for Federal Student Aid (FAFSA) is used to determine what type of federal financial aid you qualify for, and how much assistance you can receive.

The FAFSA is used to calculate your Expected Family Contribution (EFC), or how much you are expected to contribute towards your education.

The Expected Family Contribution is subtracted from a school’s unique Cost of Attendance (COA) total, which includes tuition, fees, room and board, transportation, and other related costs. This will determine your overall financial need.

COA − EFC = Financial Need

For more information on eligibility requirements click here.

POSTED BY: admin - July 27th, 2009 at 09:57pm(0)