21.01.2015 Views

Enrollment Guide - Stark State College

Enrollment Guide - Stark State College

Enrollment Guide - Stark State College

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Frequently<br />

asked<br />

questions<br />

Frequently asked questions<br />

What is financial aid<br />

Financial aid is money provided by various agencies (federal,<br />

state and local governments, colleges or universities, community<br />

organizations and private corporations or individuals)<br />

to assist students in meeting the cost of attending college. It<br />

includes gift aid (grants and scholarships) and self-help aid<br />

(loans, which must be repaid and student employment).<br />

How is my eligibility determined<br />

When you file the FAFSA, you are considered for all federal,<br />

state and institutional aid administered by the Financial Aid<br />

Office. One or more types of aid are awarded to make up the<br />

financial aid package.<br />

Do I need to be a full-time student to receive<br />

financial aid<br />

No! The amount of financial aid awarded is determined, in<br />

part, by the number of credit hours in which you are enrolled.<br />

What is the Expected Family Contribution<br />

Expected Family Contribution (EFC) is the amount of money<br />

your family is expected to contribute toward educational<br />

expenses from resources other than financial aid and is based<br />

on ability to pay. The EFC is calculated using the information<br />

provided on the FAFSA. Factors used to determine a family’s<br />

contributions include the previous year’s adjusted gross<br />

income, assets, size of family and the number of individuals<br />

in the family attending college.<br />

How is financial need determined<br />

Financial need is determined by the difference in the cost of<br />

attendance (COA) and the expected family contribution (the<br />

family’s ability to pay for college costs).<br />

How do I get my books<br />

If you have authorized your financial aid for use other than<br />

tuition, you may be eligible to charge your books to your<br />

account using your excess financial aid. The charges<br />

will then be applied to your tuition account. The system is<br />

updated on a nightly basis as aid is processed and book<br />

charges are assessed. To see if you may be eligible to<br />

charge your books to your account, check your account<br />

via mystarkstate. If a credit appears on your account, you<br />

may be able to charge your books.<br />

16

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!