Financial Aid: Back to Basics. Andrea M. DeLuca, Assistant Director. Elizabethtown College Financial Aid Office. Presentation Objectives. Familiarize with terminology Outline application process Describe aid sources List resources available Reduce your anxiety. Getting Started.
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Financial Aid:Back to Basics
Andrea M. DeLuca, Assistant Director
Financial Aid Office
When beginning your college search, DO NOT rule out any school based solely on the cost. Only eliminate schools once financial aid is known and affordability is determined!
A word of advice:
To be considered for financial aid, you must:
APPLY FOR IT!
Under the Family Educational Rights and Privacy Act (FERPA), all information submitted on applications is protected. The data is treated as strictly confidential, maintained in a secure area, and only released to a third party upon obtaining student’s signature.
Where does your information go?
Web or paper
(data entry, analysis, matches)
$ $ $
$ $ $ $ $
of data for accuracy
Students and parents are the primary source of funds for postsecondary education and are expected to contribute to the extent they are able.
Cost of Education
- Expected Family Contribution
Student’s Financial Need
Expected Family Contribution
Permitted With Professional Judgment
(Recommended schedule: 6-10 hours a week)
(set annually with an 8.25% cap)
(6.41%, with a 10.50% cap)
(Pursue these options after college choice is made.)
The law provides the Financial Aid Office the flexibility to deal with special circumstances and conditions which are applied on a case-by-case basis after the original application has been filed.
2014-2015 Academic Year
2015-2016 Academic Year
2016-2017 Academic Year
2017-2018 Academic Year
Financial Aid Office