Financial Aid 101

Primary Goal of Financial Aid is to assist students in paying for college and can be achieved by accessing the following resources:

a. Is filled in October of a student’s senior year in HS and every year they are enrolled in college

b. Based on prior year’s income- parent and student ( 10th grade – will be 2016 income; 9th grade – will be 2017 income)

c. Federal formula calculates the Expected Family Contribution (EFC) – this is typically the amount the family will be expected to pay towards college.

 

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