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© 2007 UVSC
Eligibility for federal student aid is based on financial need and on several other factors. To receive federal financial aid, you must:
The Higher Education Act of 1965 as amended (HEA) suspends aid eligibility for students who have been convicted under federal or state law of the sale or possession of drugs, if the offense occurred during a period of enrollment for which the student was receiving federal student aid (grants, loans, and/or work-study.) If you have a conviction(s) for these offenses, call the Federal Student Aid Information Center at 1-800-4-FED-AID or go to the FAFSA on the Web site to find out how this law applies to you.
How will I know what I'm eligible for?
The information you reported on your FAFSA is used to calculate your Expected Family Contribution (EFC). The formula used to calculate your EFC is established by law and is used to measure your family's financial strength on the basis of your family's income and assets. The EFC is used to determine your eligibility for federal student aid and indicates how much money you and your family are expected to contribute toward your cost of attendance for the school year. 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, 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 takes your cost of attendance and then subtracts your EFC, the amount of a Federal Pell Grant you are eligible for, and aid you will get from other sources. The result is your remaining financial need:
Cost of Attendance
- EFC
- Federal Pell Grant Eligibility
- Aid From Other Sources
= Remaining Financial Need
What is a cost of attendance?
If you're attending at least half time, your cost of attendance is the sum of
C tuition and fees
C room and board
C books & supplies
C transportation
C personal expenses
Costs unrelated to the completion of a student's course of study are not included in calculating that student's cost of attendance.
Are my family's special circumstances considered?
A financial aid administrator can consider special or unusual circumstances such as unusual medical expenses, tuition expenses, or unemployment and can adjust your cost of attendance or some of the information used to calculate your EFC. The financial aid administrator at your college can change your status from dependent to independent but only under specific circumstances the aid administrator will explain. You'll have to provide UVSC with documentation to justify any change. The decision to change or not to change your dependency status is based on the aid administrator's judgement, and it's final. It can't be appealed to the U.S. Department of Education.