Your financial aid eligibility—the amount your financial aid package will be designed to cover—is based on an equation that subtracts your expected family contribution (EFC) from the cost of attendance (COA) for your degree program.
Cost of Attendance (COA) is an estimate of educational expenses for the enrollment period and is used to determine eligibility for financial assistance. Cost of Attendance includes standard amounts for tuition, room, board, books and supplies, personal expenses, and loan fees.
Expected Family Contribution (EFC) is the amount of money a student’s family is responsible for paying toward Cost of Attendance. This amount is based on information you provide on the financial aid applications including family income and assets, the number in the family, and the number enrolled as undergraduate students. To get an estimate of your eligibility for need-based financial aid and student loans, visit our Net Price Calculator.