Any type of financial assistance that you are receiving from a donor outside of the University. Outside scholarships, prepaid tuition plans, and VA educational benefits are examples of outside resour [..]

 The Parent PLUS Loan is an unsubsidized loan that is part of the Federal Direct Loan program. The Parent PLUS is offered to parents of undergraduate students. It usually is offered to cover the amoun [..]

 These are private loans that are offered by financial institutions. Some students choose to or need to apply for private loans when the federal loans don't cover their total educational costs. I [..]

 Also known as the student budget. The total amount it should cost the student to go to school, including tuition and fees, room and board, allowances for books and supplies, transportation, and perso [..]

 Is a student who must provide information about their parents' income and assets on the FAFSA. Generally speaking, this is a student who is under 24, an undergraduate, is unmarried and has no de [..]

 Also known as EFT, this is a safe and quick way to have your financial aid deposited directly into your savings or checking account. After your financial aid is applied to your balance in your accoun [..]

 The amount of money that the family is expected to be able to contribute to the student's education, as determined by the Federal Methodology need analysis formula approved by Congress. The EFC [..]

 The full name is William D. Ford Federal Direct Loan Program. The Direct Loan Program is offered by the Department of Education, and it provides students with a simple, inexpensive way to borrow mone [..]

 The SEOG program is for undergraduates with exceptional financial need. Pell Grant recipients with the lowest expected family contributions (EFCs) will be considered first for a SEOG. The SEOG does n [..]

 This is the need analysis formula used to determine the Expected Family Contribution (EFC). The Federal Methodology takes family size, the number of family members in college, and taxable and nontaxa [..]