DCSIMG

Financial Need

Financial need is determined based upon the information provided on the FAFSA and need analysis. The need analysis formula is termed Federal Methodology (FM) and is applied as set forth by the Department of Education. Federal Methodology was passed into Congress under the Reauthorization of the Higher Education Act of 1965 as amended by the Higher Education Amendments of 1992 and 2005.

This amount is determined by subtracting the student's Expected Family Contribution (EFC) from the Cost of Attendance.

The need analysis calculation is as follows:
Cost of Attendance - Expected Family Contribution (EFC) = Financial Need