Frequently Asked Questions
How will I know if I am eligible for financial aid?
Students who fill out a Free Application for Federal Student Aid (FASFA) are automatically considered for all Federal, state and institutional aid administered by the Financial Aid Office.
Do I need to be a full-time student to receive financial aid?
No. The amount of financial aid awarded is determined by the number of credit hours for which the student is enrolled. You must be enrolled at least half time to receive Stafford or Plus loans.
What is the Expected Family Contribution (EFC)?
The Expected Family Contribution (EFC) is the amount of money that the family is expected to contribute toward educational expenses from resources other than financial aid. Factors used to determine a family’s ability to contribute include: the previous year’s adjusted gross income, assets, size of family, and the number of individuals in the family attending college. The EFC is calculated using the information provided on the Free Application for Federal Student Aid (FAFSA).
How is financial need determined?
Financial need is the difference between the Cost of Education (COE) and the Expected Family Contribution (EFC) number. COE – EFC= Financial Need