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In the college financial aid process in the United States, a student's "need" is a figure that colleges use when calculating how much financial aid to offer a student. It is determined by taking the college's Cost of Attendance , which current rules require each college to specify.
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.
The EFC is used in the United States student financial aid process to determine an applicant's eligibility for need-based federal student aid. In most cases, the same estimate is also used for state and institutional (college-based) financial aid.
The college financial aid application used by millions of American families is now officially open for the 2025-2026 school year -- 10 days ahead of schedule. ... It helps determine access to aid ...
The new FAFSA, which will be used to determine financial aid eligibility for the 2024-25 academic year, is shorter and easier to fill out. Additionally, many low-income borrowers are expected to ...
WASHINGTON – College students may soon benefit from two new bipartisan federal laws, one that gives families extra time to apply for financial aid and another aimed at curbing on-campus hazing ...
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