Eligibility Calculation

Most financial aid available is based on need. The process used to determine financial need is initiated when a student completes the Free Application for Federal Student Aid (FAFSA). The information supplied on the FAFSA is processed through a formula which produces an Expected Family Contribution (EFC) based on the unique student and/or family information provided. The EFC is the amount of money the student and family are expected to pay toward the student’s annual college costs. The difference between the college costs and the Expected Family Contribution is the student's need, or eligibility for financial aid as demonstrated below:

Cost of Education
- Expected Family Contribution
= Student's Financial Need