Financial Aid: Determining Your Eligibility for Financial Aid
The primary purpose of financial aid at Fitchburg State College
is to assist those students who, without financial assistance, would
be unable to attend. Last year, the college awarded over $16.6 million
in financial aid.
Your eligibility for financial aid is determined by computing the
difference between your family's available resources for college
and the total cost of attendance at Fitchburg State College. Your
family's available resources are determined by an analysis of the
information you submitted on the Free Application for Federal Student
Aid (FAFSA) or Renewal FAFSA. This analysis considers the income
and assets of you and your family, the size of your household and
the number of household members attending college on at least a
half-time basis. From this analysis an Expected Family Contribution
(EFC) is determined.
The EFC is subtracted from the total cost of attendance at Fitchburg
State for the academic year. The difference is your eligibility
for financial aid.
Cost of Attendance - EFC = Financial Need Your
financial aid award is based on this eligibility, the college's
resources and institutional policy. Alternative loans are available
to students and parents to help finance all, or part, of your EFC
as well as any unmet financial need.
Your cost of attendance or student budget is determined based on
your enrollment and place of residence while enrolled at the college.
A budget contains the following expenses: tuition, fees, room, board,
and estimated costs for books, supplies, transportation, personal
expenses and loan fees. Should a change in any of the listed expenses
occur, your budget and eligibility for financial aid will be recalculated.
Students with dependent children may qualify for additional financial
aid to assist with childcare expenses. Depending upon
grade level students majoring in Nursing, Film or Video may also
have budgets increased due to additional costs.
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