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Financial need is the difference between what it
costs to attend and what your family can afford to pay, as determined by the Free Application
for Federal Student Aid (FAFSA).
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Cost of Attendance |
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Family Contribution |
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Financial Need |
In determining your family contribution, several factors are
taken into account:
- Parents annual income
(dependent students)
- Student income
- Family assets
- Family expenses
- Family size
- Number in college
- Special circumstances
Families at all income levels may be able to demonstrate
financial need based upon their individual circumstances. Families who demonstrate financial
need can receive a package of financial aid which includes a combination of gift aid (grants and
scholarships) and self-help aid (loans and employment).
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