The Facts: How Financial Aid is Determined
The aid you're eligible to receive from federal, state, institutional, and private sources is based on your family's income, the availability of funds, and the estimated cost of attending the college of your choice (including tuition, fees, room and board, books, supplies, and other living expenses). In the sections below, you can read more about how your need is calculated and how that information is used to determine the amount of aid you receive.
The First Step: the FAFSA
Each state and college might have its own deadline, so check with your college and the FAFSA website to ensure you complete your FAFSA in time.
Once you complete the FAFSA, you will receive a Student Aid Report (SAR), which summarizes this financial information and includes your Expected Family Contribution (EFC). Your EFC details the amount you or your family is expected to contribute toward the price of your education.
How Do Colleges Calculate How Much Aid I Receive?
This is the point at which private colleges and universities differ from public colleges. Because the cost to attend an independent college or university can be higher, our campuses provide multiple scholarship opportunities to help make attending our institutions as affordable as possible.
For more information, please contact the financial aid office at the college or university of your choice. Our financial aid officers would love to talk with you about how to make your choice affordable for you and your family.
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