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Concept
Student Financial Need
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Summary
Student Financial Need
refers to the gap between the
Cost of attending an educational institution
and the
Amount a student and their family can reasonably contribute
. It is a critical factor in determining
Eligibility for financial aid
, scholarships, and grants, ensuring that higher education is accessible to
Students from diverse economic backgrounds
.
Concepts
Expected Family Contribution
Cost Of Attendance
Financial Aid
Scholarships
Grants
Student Loans
Pell Grant
Merit-Based Aid
Need-Based Aid
FAFSA
Income-based Repayment
Dependency Override
Dependent Student
Need-based Grants
Relevant Degrees
Higher Education and Academic Study 60%
Finance 30%
Trade and Global Economy 10%
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