Financial Need Determination

Category: General

How is financial need determined?

Financial need is determined by the following formula:

Cost of Attendance (COA) - Student Aid Index (SAI) = Financial Need

Once your financial need is determined, the Office of Financial Aid will work to meet it with various types of aid, including grants, scholarships, work study, and need-based loans. Given that some funding is limited, we may not be able to fully meet your financial need. You can cover any remaining amount through outside scholarships, other loan options, or other sources of funding.