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How are Budget, Expected Family Contribution, and Financial Need determined?

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How are Budget, Expected Family Contribution, and Financial Need determined?

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Your financial aid eligibility is based on your financial need. Financial Need is calculated by subtracting your Expected Family Contribution (EFC) from your Cost of Attendance (COA) or Budget. Cost of Attendance (Budget) – Expected Family Contribution (EFC) ______________________________________ = Financial Need Your school determines the Cost of Attendance, which includes all costs associated with attending Pitt-Greensburg: tuition, books, supplies, housing, transportation, fees, and personal expenses. An average budget is used for groups of similar students; for example, all in-state, full-time students who live in university housing have the same budget. Your Financial Need is the difference between your Cost of Attendance and your Expected Family Contribution. The amount of financial aid that you qualify for may not cover your financial need. Your school calculates your cost of attendance and subtracts your EFC. If there is any remaining balance, you are considered to have financi

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