Financial Aid Information

  • Money  Financial Need is determined by the following calculation:
    Cost of Attendance - Expected Family Contribution = Financial Need 


    Your cost of attendance, determined by your school, includes tuition and fees, room and board, books and supplies, and other school related expenses, such as personal and travel expenses. 
    Your expected family contribution (EFC) is what the federal government expects you and your family to contribute toward your educational expenses based on a standard federal formula. Your expected family contribution is calculated when you completed the Free Application for Federal Student Aid (FAFSA).

    aid  Types of Financial Aid Video


    Federal Student Aid is responsible for managing the student financial assistance programs authorized under Title IV of the Higher Education Act of 1965. These programs provide grants, loans, and work-study funds to students attending college or career school. 

    To apply for federal student aid, you need to complete the FAFSA or Free Application for Federal Student Aid. Completing and submitting the FAFSA is free and easier than ever, and it gives you access to the largest source of financial aid to pay for college or career school.
    In addition, many states and colleges use your FAFSA data to determine your eligibility for state and school aid (including scholarships), and some private financial aid providers may use your FAFSA information to determine whether you qualify for their aid.

    Overview  FAFSA Overview Video

     FAFSA  How to Fill Out the FAFSA

    Financial Aid is offered on a first come, first served basis, so you will want to complete your FAFSA as soon as possible after Oct. 1st! 
     
    Go to http://www.fafsa.gov/complete the FAFSA online.
     

    FSA ID: https://studentaid.ed.gov/sa/fafsa/filling-out/fsaid  - Students and parents/guardians are required to use an FSA ID, made up of a username and password, to access certain U.S. Department of Education websites. Your FSA ID is used to confirm your identity when accessing your financial aid information and electronically signing your federal student aid documents such as the FAFSA. 

    ID  How to Create Your FSA ID Video

    For more information about Financial Aid such as Who Qualifies for Financial Aid, Types of Aid, and Understanding/Filing the FAFSA visit: http://www.onlineschools.org/financial-aid/