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Welcome to Financial Aid
What Is The Income Cut Off For Financial Aid?
Financial aid is characterized as either need based or non-need based. The Financial Aid Office determines if the expected family contribution (EFC) is less than the cost of attendance (COA). The EFC, which is calculated using a formula established by the Department of Education and is based on several economic factors: income, assets, number of family members in household.
There is no exact cut off to qualify for financial aid. Families who do not demonstrate need may still be eligible for non-need based financial aid loan programs.
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