Financial Eligibility or Financial NeedThere is no "income cutoff" or other
simple method for determining whether you will qualify for financial
aid. All students in need of help paying for college should apply.
Generally, financial aid eligibility is determined by calculating
the difference between the cost of attending college and what the
student and/or the student's family are expected to contribute. The
expected family contribution (EFC) is calculated according to a federal
formula, using the information on the completed Free Application for Financial Student Aid
(FAFSA) application.
Expected Family
Contribution
Federal regulations determine how
much money the student and/or the family can contribute toward the
student's cost of attendance. Calculations are based on information
reported on the Free Application for Federal Student Aid (FAFSA), based on the previous calendar year income
and/or other resources listed by the student. The Financial Aid
Office may consider exceptional family circumstances (such as loss
of income or major medical problems) when determining eligibility.
To learn more about
eligibility criteria for federal financial aid, please click here.
View an
example of the calculations.
Cost of Attendance
The cost of attendance is a total of
tuition, fees, and the costs of books, transportation, and other
educational expenses.
View a chart of
total costs to attend.
Financial Need
Federal
Student Financial Aid (Title IV)
Basic Eligibility Criteria
Students must meet the basic eligibility criteria listed below. A
student may be eligible for federal financial aid if he/she:
|
1 |
Is
a U.S. citizen or eligible non-citizen with a valid
social security number |
|
2 |
If
male and between the ages of 18 and 25, is registered
for Selective Service System |
|
3 |
Is
a regular student (seeking an eligible degree or
certificate) |
|
4 |
Is
admitted and enrolled (or accepted for enrollment) in an
eligible program (i.e. a program that has been approved
for Title IV aid) |
|
5 |
If
enrolled in an online course, course is part of an
eligible program |
|
6 |
Is
not enrolled solely in remedial coursework |
|
7 |
Has
a high school diploma or its equivalent |
|
8 |
Is
not currently enrolled in high school |
|
9 |
Is
not disqualified based on a conviction for a
drug-related offense |
|
10 |
Does not owe loan or grant overpayment |
|
11 |
Does not have a Title IV student loan in default |
|
12 |
Has
not borrowed in excess of loan limits |
|
13 |
Is
maintaining satisfactory academic progress |
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