Based on your cost of attendance (COA) less your expected family contribution (EFC), we determine your federal need figure.
An Award Letter is prepared based on federal, state and institutional awarding policies which may include scholarships, grants , federal work study, student and parent loans.
Finalizing Financial Aid
To finalize financial aid, students should review their financial aid award packages and determine the types of aid being utilized. A student’s financial aid eligibility is subject to change based on the financial information from verification, funding from other resources (outside scholarships, for example), or changes in level of enrollment.
- Students need to be enrolled full-time (minimum of 12 hours per semester for undergraduate students and a minimum of 9 hours per semester for graduate students) in order for the financial aid award to remain at the maximum level.
- Students must notify the Financial Aid Office (in writing or by email) with the source and amount of each outside scholarship. Students must also send copies of any notification which indicates that proof of enrollment or an invoice is required in order to receive an outside scholarship. Outside scholarships will not be reflected on the student’s account until the actual funds have been received in the Financial Aid Office.
- Students selected for verification must complete the verification process in order for financial aid award packages to be official. Federal Title IV aid and need-based state or institutional funds will not be released to student accounts until verification is completed.