Packaging Policy for Financial Aid

Posted on February 16, 2023

Financial aid is awarded to students who qualify based on financial need as determined by the completed FAFSA. Funds are awarded based on need, residency, and funds availability. Financial need is determined by subtracting a student’s "student aid index" (called the "SAI") and other outside financial resources from estimated student expenses. The SAI is determined by the U. S. Department of Education for every applicant from information provided on the FAFSA. The SAI is based on household size, number of household members enrolled enrolled in college, income and taxes paid, among other factors.

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