Under current law, assets owned by the child (including any assets in a custodial account for the benefit of that child) count much more heavily than parental assets in
determining financial aid awards.
Nearly all colleges and universities rely on the FAFSA to
determine financial aid awards, and the Department of Education through the Office of Federal Student Aid is responsible for processing new applications each year.
The responsibilities of this position will be to analyze, evaluate and
determine financial aid awards for students.
Not exact matches
The Secretary announces the annual updates to the tables used in the statutory Federal Need Analysis Methodology that
determines a student's expected family contribution (EFC) for
award year (AY) 2019 - 20 for student
financial aid programs, Catalog of Federal Domestic Assistance (CFDA) Numbers 84.063, 84.033, 84.007, 84.268, 84.408, and 84.379.
The amount of the
award is
determined by the college's
financial aid office, and depends on the student's
financial need and the availability of funds at the college you attend.
The type of
financial aid awarded will
determine how the funds will be disbursed.
Individual colleges and universities may also use the
financial aid information provided to
determine how much institutional
aid is
awarded to your student.
The SIM faculty work closely with the
financial aid office to
determine the recipient of this
award.
Worked with students and parents to
determine their eligibility for
awarding of
financial aid.