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What types of financial aid?

Cost of Attendance

A standard estimated cost of attendance (COA) is used to determine financial need. All budget items shown are for nine month full time attendance (tuition/fees reflect 15 credit enrollment). Students attending less than full-time are eligible for financial aid; however, the cost of attendance, family contributions and maximum awards are adjusted to reflect less than full-time attendance.

2009-2010

Budget Item

Amount

Tuition/Fees $4,750
Books $1,000
Room/Board $8,860
Transportation $3,440
Personal $5,790
Total: $23,840


*The budgets for room/board, transportation, and personal expenses are based on information from the College Board.

Financial Aid Eligibility

Eligibility for financial aid is calculated using a formula called Federal Methodology (FM). FM calculates your Expected Family Contribution (EFC) based on the information that you provide on the Free Application for Federal Student Aid (FAFSA). Your EFC is the amount you and your family are expected to pay toward your educational expenses.

COA - EFC = need.

The Federal PELL Grant award is based on the EFC. Other programs are based on need. Your need based aid package cannot exceed your financial need, however, some forms of aid such as unsubsidized loans may be used to meet your EFC.

Additional information on financial aid eligibility is available in audio and video format on the Department of Education's student aid web site.