What is Federal Methodology?
Federal Methodology is a need analysis formula created by the U. S. Congress to establish a standardized, equitable system for financial aid agencies nationwide. It is used to calculate how much money individual students and their families can reasonably be expected to contribute towards higher education. Family size, taxable and nontaxable income, assets, the number in college, and age of older parent are taken into consideration.
Related Questions
- Is CertiCall LLC’s methodology in compliance with state and federal laws related to contracts, agreements and electronic transactions?
- Is CertiCall’s methodology in compliance with state and federal laws related to contracts, agreements and electronic transactions?
- What methodology does UCI use to report ARRA data to the federal government?
