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The information reported in the FAFSA is used in a formula to calculate Expected Family Contribution (EFC). EFC is the amount the student and family are expected to provide toward educational expenses.
To determine financial need, the EFC is subtracted from the cost of education (tuition, fees, room, board, personal and transportation expenses).
• Cost of Education - Expected Family Contribution = FINANCIAL NEED
In addition to demonstrated financial need, aid applicants must meet the following eligibility requirements:
• Must be a U.S. Citizen or eligible non-citizen.
• Be registered with the Selective Service, if you are a male between the ages of 18 and 25.
• Must be admitted to NSU in a qualified degree or certificate program.
• Must maintain Satisfactory Academic Progress as defined by NSU.
• May not be in default on a federal student loan.
• Must not owe an overpayment of a federal loan or grant.
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Financial Aid Estimate
Award letters showing your official financial aid eligibility are not mailed until late spring. However, if you would like an estimate of what you can expect to receive in financial aid, you may complete the Financial Aid Estimate form.  Simply download the form (.pdf), complete it with the information requested, print the form off and return it to NSU's Financial Aid Office at the address indicated. You will receive an estimate of your financial aid award within approximately two weeks.
Keep in mind this is only an estimate to help you with your financial planning. It does not replace the Free Application for Federal Student Aid (FAFSA). |
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