How to Apply for Financial Aid for Part-Time and Graduate StudentsPart-time and Graduate students must complete a Free Application for Federal Student Aid (FAFSA) as well as supplemental financial aid forms.
Free Application for Federal Student Aid (FAFSA)The FAFSA is a Federal application for financial aid that asks for information about income and assets for the tax year. You are not charged a fee for completing the form, and all information supplied on the FAFSA is confidential.
The Department of Education takes the FAFSA data and calculates what it believes the family can afford to pay for the student's education. This figure is called the Expected Family Contribution (EFC).
How is financial aid eligibility determined
Financial Aid AwardThe financial aid award will itemize all grants, scholarships, loans, and possible student employment funds. It shows how much money will go toward each semester of education for the school year. The notice also estimates the college cost, allowing families to subtract their financial aid so they can determine what they might have to finance themselves.