At the discretion of the Financial Aid Director or designee, adjustments may be made to an individual student’s budget to reflect special circumstances.
| ||Cost of Attendance |
|- ||Expected Family Contribution (EFC)|
|= ||Financial Need|
| || |
Your expected family contribution (EFC) is the amount you and or your parents are expected to pay for educational costs and is calculated taking into account your taxable income, certain non-taxable benefits and assets. The EFC is subtracted from your Cost of Attendance. The difference is your financial need.
The EFC is determined using a federal formula which takes into account the size of the household, the number of students in the household attending college, your age and/or your parent’s age along with other factors.
In addition, any other financial resources to be received during the school year such as Americorps grants, BIA grants and other outside scholarships will be deducted from your financial need.
If you have special circumstances such as a loss of employment or income, separation or divorce, death of a parent, etc. and you do not qualify for much or any financial assistance, please contact our office to see if your circumstances merit a change in your financial need calculation. Income adjustments will not be processed unitl the beginning of October 2016.
This page last updated on July 22, 2016.