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For unmarried students under 24, Congress mandates that parental income and assets be included. The resulting figure is the student's "need". Colleges attempt to provide students with enough financial aid to meet all student need, but in most cases are unable to do so completely. The result is "unmet need".
The federal financial aid form looks different in the 2024-25 school year. Here's what college students and parents need to know about the new FAFSA.
The Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid.
Miami University's freshman retention rate is 89.2%, with 83% going on to graduate within six years. [61] Miami University is a college-sponsor of the National Merit Scholarship Program and sponsored 21 Merit Scholarship awards in 2020. In the 2020–2021 academic year, 28 freshman students were National Merit Scholars. [62]
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University Hall – 1972, houses Miami University Regionals Nursing program. Harry T. Wilks Conference Center – 1997, named for retired Hamilton attorney Harry Wilks who created endowment fund scholarships for Hamilton campus students who could not otherwise financially attend college and houses the Office of Admission.
However, financial aid experts say implementing the fix to the Free Application for Federal Student Aid, or FAFSA, now could lead to delays in the students' receiving financial aid offers.