After a student applies for financial aid online with the FAFSA, a Student Aid Report (SAR) will be mailed to the student. The SAR indicates the EFC (Estimated Family Contribution). The Financial Aid Office receives your information submitted to the Department of Education electronically. Students are not required to submit their SAR's to the Financial Aid Office.
Students are awarded on a first come basis. A file must be completed and "verified" students are required to document all income information.
Need is calculated using the following formula:
Cost of education:
Tuition and/or enrollment fees
Books and supplies
Room and Board
Minus student/parent/spouse contribution:
Equals your need:
The aid package is the final step in an attempt to meet the student's eligibility with funds.
Scholarships and Grants are monetary awards that do not have to be repaid. Scholarships are awarded based on student's academic merit. Grants are offered to students who have a financial need.
Work-study funds are earned through campus employment. There are a limited number of campus employment positions and FWS is awarded on a first come basis.
January 8, 2014