Important Scholarship, Grant & Other Financial Aid Deadlines
Eligibility for federal student aid is determined on the basis of financial need
and several other factors. The financial aid administrator at the college or career
school you plan to attend will determine your eligibility.
Basically, to receive aid from our programs, you must
- qualify for financial aid (except for certain loans)
- have a high school diploma or a General Education Development (GED) certificate,
or pass a test approved by the U.S. Department of Education
- be working toward a degree or certificate
- be enrolled in an eligible program
- be a U.S. citizen or eligible noncitizen
- have a valid Social Security Number
- register with the Selective Service if required (you can use the paper or electronic
FAFSA to register)
- maintain satisfactory academic progress once in school.
A law suspends aid eligibility for students who have been convicted under federal
or state law of selling or possessing drugs. If you have a conviction or convictions
for these offenses, call the Federal Student Aid Information Center at 1-800-4-FED-AID
(1-800-433-3243) to find out if, or how, this law applies to you. Even if you’re
ineligible for federal aid, you should complete the FAFSA because you might be eligible
for nonfederal aid from states and private institutions. If you regain eligibility
during the award year, notify your financial aid administrator immediately. If you’re
convicted of a drug-related offense after you submit the FAFSA, you may lose eligibility
for federal student aid, and you may be liable for returning any financial aid you
received during a period of ineligibility. Information about this law is available
by calling the Information Center at the number included in this paragraph.
If you have a question about your citizenship status, contact the financial aid
office at the college or career school you plan to attend.
How will I know what I'm eligible for?
When your FAFSA is processed, a formula, established by law, is applied to the information
you provided. The formula result is called the Expected Family Contribution, or
EFC. The EFC is a measure of your family’s financial strength and is based on your
family’s income and assets. The EFC indicates how much money you and your family
are expected to contribute toward your cost of attendance for the 2003-2004 school
year. The EFC is used to determine your eligibility for federal student aid.
If your EFC is below a certain number, you’ll be eligible for a Federal Pell Grant,
assuming you meet all other eligibility requirements. The amount of your Pell Grant
depends on your EFC, your cost of attendance (which the financial aid administrator
at your college or career school will figure out), and your enrollment status (full
time, three-quarter time, half time, or less than half time).
For our other aid programs, the financial aid administrator at your college or career
school takes your cost of attendance and then subtracts your EFC, the amount of
a Federal Pell Grant you’re eligible for, and aid you’ll get from other sources.
The result is your remaining financial need:
- Cost of Attendance
- - Expected Family Contribution
- - Aid From Other Sources
- = Financial Need
What is cost of attendance?
Your cost of attendance is the sum of
- your actual tuition and fees (or the school’s average tuition and fees);
- the cost of room and board (or living expenses for students who don’t contract with
the school for room and board);
- the cost of books, supplies, and miscellaneous expenses (including a reasonable
amount for a personal computer); and
- an allowance for transportation.
Costs unrelated to completing your course of study are not included in calculating
your cost of attendance.
I Think my family has special circumstances. Are those considered in determining
how much I can receive?
A financial aid administrator can consider special or unusual circumstances. As
mentioned on the applying for financial aid page, the financial aid administrator
at your college or career school can change your status from dependent to independent
if he or she believes there’s a good reason to do so. You’ll have to provide your
school documentation to justify the change. However, the decision to change or not
to change your dependency status is based on the aid administrator’s judgment, and
it’s final. It can’t be appealed to the Department of Education.
The financial aid administrator also has the authority to adjust your cost of attendance
or some of the information used to calculate your EFC. This kind of change can be
made if you have unusual circumstances that affect your family’s ability to contribute
money to the cost of your education. If your family has any unusual circumstances
(for example, high medical expenses or reduced income due to a recent job loss),
contact the financial aid administrator at the school you plan to attend. He or
she will decide whether an adjustment can be made. That decision cannot be appealed
to the Department of Education.