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Expected Family Contribution

When your FAFSA is processed, a formula developed by Congress is applied to the information you provided. The outcome of this formula is called the Expected Family Contribution (EFC), which will determine your need.

When calculating your EFC, factors such as parental income (for dependent students), student income, family assets, family size and number of family members in college will be used. Family assets such as savings accounts, stocks and bonds, and net business worth are taken into account. We then subtract your EFC from the University's cost of attendance (COA) to determine your financial need for the year.

Your financial aid award package cannot exceed the amount of your financial eligibility.

Families who demonstrate financial need can receive a financial aid package consisting of gift aid (grants and scholarships) and self-help aid (work-study employment and loans). Families at all income levels may be able to demonstrate financial need based upon their individual circumstances.

We understand certain circumstances might present your family with unique financial challenges. Therefore, we will consider special circumstances for appeal, such as, loss of income, death of a wage earner, unusual medical expenses not covered by insurance, and tuition expenses for elementary/secondary schools.