Financial Aid eligibility is determined from the EFC, or Estimated Family Contribution. The EFC is determined by the U.S. Department of Education when you file your Free Application for Federal Student Aid (FAFSA). The EFC is the amount that the Department of Education has determined that you or your family can reasonably contribute to your educational costs.
The Office of Financial Aid and Veteran Services determines a financial aid budget for each award year. Your need is considered to be your budget minus the EFC. When determining student loan eligibility, your need is considered to be the your budget minus the EFC and other aid received.
| Breakdown of costs to attend college | Student living with parents | Not living with parents |
|---|---|---|
| Books/supplies | $ 900.00 | $ 900.00 |
| Transportation | $ 1,522.00 | $ 1,522.00 |
| Tuition & Fees | $ 2,794.00 | $ 2,794.00 |
| Misc. personal | $ 1,450.00 | $ 1,450.00 |
| Room & Board | $ 1,500.00 | $ 11,368.00 |
| Total: | ||
| Full Time (12 + hours) | $ 8,166.00 | $ 18,034.00 |
| ¾ Time (9-11 hours) | $ 6,478.00 | $ 16,346.00 |
| ½ Time (6-8 hours) | $ 5,306.00 | $ 15,174.00 |
| Less than ½ Time (1-5 hours) | $ 2,144.00 | $ 2,144.00 |
10/12/09