Financial aid is the economic assistance available to help students pay for college. This economic assistance may be in the form of scholarships, grants, work-study programs, or loans.
A financial aid package is a combination of different forms of financial aid that together make up an offer of financial assistance.
A student's ability to contribute to the cost of his or her education is determined by the use of a need analysis, which is a consistent, systematic way of measuring the ability of a family to pay for educational costs and its eligibility to receive funds from federal and state programs. It determines the ability, not the willingness, of a student or his or her family to finance his or her education. Everyone who applies is treated fairly and equally under this system. The amount of financial aid that a student receives may not exceed his or her cost of education as established by the college.
“For students anticipating the need for federal financial aid assistance in order to pursue their program of study, and to get a head-start in determining your federal aid eligibility, please use the link provided here to complete the U.S. Department of Education provided Free Application for Federal Student Aid (FAFSA). Plan to have your tax information and parent’s tax information, if you are a dependent student, available to complete the FAFSA. Please contact the Financial Aid Office with any questions.”