GENERAL INFORMATION

Financial Aid Office Services
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What is Financial Aid?
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Basic Eligibility Requirements
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Determining Financial Need
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Cost of Attendance
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Students With Disabilities
Cost of Attendance
Your award is based on an ESTIMATED cost of attendance for a nine (9) month academic year (Fall & Spring). Costs
are calculated across the board and not on individual circumstances. The cost of attendance categories are listed
on the Free Application for Federal Student Aid (FAFSA) as residing On Campus, Off Campus or with Parent.
Cost of Attendance (COA) components:
Tuition and fees, the cost of room and board (on or off campus),
books and supplies, and allowances for personal and transportation
expenses. Costs associated with a disability also can be included
(you must meet with a Financial Aid Administrator).
Expected Family Contribution (EFC):
The formula used to calculate your EFC is established by Congress
and used to determine eligibility for federal student aid.
It is determined from the information you provided on the Free
Application for Student Aid (FAFSA). The EFC is used to measure
what you and your family can contribute to your education based
on income and assets.
Financial Need:
Financial Need is defined as the difference between your Cost of Attendance and your Expected Family
Contribution (EFC). Your total need-based aid and other assistance combined cannot exceed your financial need.
To view FIU’s Estimated Cost of Attendance link to:
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