How Aid is Determined
After you file your Free Application for Federal Student Aid (FAFSA), you will receive your Student Aid Report (SAR) which will tell you your Expected Family Contribution (EFC). Your EFC along with your CCSU budget will determine the amount of financial aid you are eligible to receive.
How your Expected Family Contribution (EFC) is determined
Federal Student Aid uses the data on your FAFSA to calculate an Expected Family Contribution (EFC), The EFC is an indicator of your family's financial strength to pay for education after high school. We will subtract your EFC from your total cost of attendance. The result is your financial need..
How your need is determined
Your financial need is the difference between your Expected Family Contribution (EFC) as determined by Free Application for Federal Student Financial Aid (FAFSA) and the cost to attend CCSU.
Your CCSU Cost of Attendance budget covers direct expenses payable to CCSU and non-direct expenses, such as books, Supplies, miscellaneous, and transportation expenses that may be incurred.
Example of federal need formula
|| Cost of Attendance for two semesters
|Expected Family Contribution (EFC)
|| Determined by your FAFSA information
|Determined Eligible Need
|| The maximum amount of need-based aid
If you suspect that your EFC is incorrect, review your SAR for errors and correct them on your FAFSA.
Awarding of Aid
CCSU offers need-based loans, grants, scholarships and/or work programs based on your eligible need. Any financial need that remains after all awards have been subtracted along with any remaining family contribution, may be met with non need-based programs such as the Stafford Unsubsidized Loan or the Parent Plus Loan. Graduate students also may be eligible for the Grad Plus Loan.
Enrollment status (number of credits) and financial aid
Most financial aid awards assume full time enrollment, and may be cancelled or reduced if a student is at a less than a half time enrollment level. This enrollment chart shows specific enrollment requirements for most common aid programs.
Credit levels for financial aid
Less Than 1/2 Time
||12 credits or more
|Certificate - Graduate
*Grant - if eligible to receive a Pell or other grants the amount disbursed will prorate according to enrollment status; i.e., full time - 100%, 3/4 time - 75%, 1/2 time - 50 percent(Pell grant only), and less than 1/2 time - 25%.
Revision and Cancellation of Awards
Financial aid awards may be revised for any of the following reasons:
your residency changes
your enrollment level changes
you decline one or more of your awards
you have received other aid including (tuition waivers, VA benefits, scholarships, etc.
your data and /or parent data was incorrect and the error has been corrected
your summer financial aid has been processed