Determination of Financial Need
Financial need is the difference between JU’s total cost of attendance and a family’s expected contribution (EFC). The total cost of attendance includes tuition and mandatory fees, room and board, books, personal expenses and transportation.
The Free Application for Federal Student Aid (FAFSA) is used to determine the EFC. Factors considered in determining a family’s contribution are:
- parent and student income and assets
- household size
- number attending college
- age of the primary wage earner
- state of residency