What is
Federal Financial Aid?
How Do I
Apply?
Basic
Eligibility
Satisfactory
Academic Progress
What is the
Process?
How is
Financial Aid Awarded?
Loan
Information Session
Veterans Benefits
Financial
Aid Links
Cost of Education
- Expected Family Contribution
Need
Cost of Education: the total amount it will cost a student to go to school. This is an average figure, not the actual amount of an individual student. Includes:
- tuition and fees
- books, supplies
- room and board
- transportation
- loan fees
- miscellaneous expenses
Expected Family Contribution: A figure determined by the
federal government as a result of the FAFSA.
The formula is based on:
- income
- assets
- number of people in the household
- number of household members in college
- other aspects.
Need: The result of subtracting the Expected Family Contribution from the Cost of Education. The Financial Aid Office will try to meet the need with funds available to the school. These funds can come in the form of Grants, Loans, Work-Study, or scholarships.