Sentences with phrase «aid formula assesses»
During need analysis, the federal financial aid formula assesses a percentage of student assets and a percentage of parents» assets.
http://www.finaid.org/ Not exact matches
The report explains the state foundation formula's initial level is set at $ 6,117 per student; state aid is the portion of this foundation not collected locally from property taxes, intangible taxes on financial institutions and state - assessed railroad and utility taxes.
These assets are considered parental assets and are factored into federal financial aid formulas at a maximum rate of about 5.6 % versus the 20 % rate that is assessed on student assets.