FINANCIAL AID OFFICE

ABOUT AID

The EFC is subtracted from the aid budget to establish a student's documented need.  Since the EFC is the same regardless of which school a student chooses to attend a student's need varies based on the cost of the school.

For instance, a student with an EFC of 9800 is considering three schools.  This is how the student's need would be documented at the three schools:

Community College State University Private University
Budget

9,800

18,800

40,800

-EFC

9,800

9,800

9,800

Need

0

9,000

31,000



The amount of documented need is then used to determine eligibility for need based grants, loans and work-study.

Scholarships and other aid reduce a student's need, even if the scholarship or other aid is non-need based. Pell Grants and TAP Grants are considered entitlements in that they are not reduced by other aid that a student receives.