How Aid Works
Need-Based Aid & Eligibility
Our financial aid program is need-based, meaning that all aid eligibility is determined by a student's family's financial circumstances. While a student and his/her parents have the primary responsibility for paying for college, financial aid can bridge the gap between the total costs and the family's ability to pay.
We use a standard method to carefully review a family's financial circumstances and establish an expected contribution from the student and parents. If we determine that the family cannot meet the student budget based on that calculated amount, we will award or recommend scholarships, grants or other resources.
A Combination Strategy to Meet Education Costs
Like any major investment, most families pay for education with a mix of current income, savings and borrowing. Finding the right balance among these resources can save money.
First, students should determine the difference between costs and any financial aid they expect to receive. This is a good estimate of the amount a family is expected to pay.
There are payment plan options to help budget payments of educational expenses and limit debt.