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The Cost of
Attendance (COA) is determined by CCSU
The student’s
COA budget is an estimate of the educational and miscellaneous
expenses you may incur during the academic year. These costs
include tuition, fees, room and board, transportation, books,
personal needs, and living allowances. The COA includes the direct
charges actually paid to CCSU – tuition, fees, room and board - and
the average allowances for costs normally covered by the student.
The
Expected Family Contribution (EFC) is calculated
The EFC is
determined based on an estimate of your and your family’s financial
strength and ability to contribute. This is calculated by the U.S.
Department of Education by application of its needs analysis
formulas to the data submitted in the student’s FAFSA.
Complete and accurate data submitted by the student is essential to
this process being completed on a timely basis.
Financial
Need is Computed
The student’s
eligible financial need is determined by subtracting the Estimated
Family Contribution (EFC) from the Cost of Attendance (COA) budget.
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Elig Need |
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Undergraduate
in-state, off campus |
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$17,000 |
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$0 |
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$17,000 |
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Undergraduate
in-state, at home |
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$13,500 |
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$2,500 |
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$11,000 |
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Graduate
out-of-state, off campus |
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$25,000 |
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$26,000 |
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$0 |
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The
Financial Aid Award is Constructed
Eligibility for
government grants is determined, and if there is a demonstrated
significant need, other aid may also be offered from CCSU
administered and funded resources. The total financial aid award
may include one or any
combination
of the federal PELL grant, state grant, university scholarship
and/or grant, SEOG grant, federal and state work-study, and federal
and university loans.
The student is
sent notification of the award offer on line in his/her CCSU Central
Pipeline account and/or in an award letter.
The
Financial Aid Award is Reviewed
Once you
receive your financial aid award - whether on line or by mail,
review it carefully. Some kinds of financial aid require additional
steps to facilitate funding and awarding. You will be given
instructions about what additional steps may be required.
However, it is important that you accept and/or decline all or in
part of the financial aid package outlined in the award and
electronically sign it
by the date indicated, otherwise your aid may be cancelled.
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