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For unmarried students under 24, Congress mandates that parental income and assets be included. The resulting figure is the student's "need". Colleges attempt to provide students with enough financial aid to meet all student need, but in most cases are unable to do so completely. The result is "unmet need".
Students can file an appeal with their college financial aid office in order to seek additional financial aid if their current financial situation is no longer the same as the financial information they provided on FAFSA (i.e. their parent recently lost their job). The exact appeal process can vary from school to school.
The Free Application for Federal Student Aid (FAFSA) must be submitted for each year of enrollment. One form covers both semesters of the school year with payments issued every quarter or semester.
For the 2018–19 academic year, Oxford College enrolled 993 students; [56] 24% were Asian American, 14% were African American, 13% were Hispanic, and 13% were international students. [56] These are students who applied to Emory University and chose to begin their studies for four semesters at Oxford College before automatically continuing to ...
If you will attend college between: You should submit the: Using income and tax information from: Sometime between: July 1, 2022 - June 30, 2023. 2022-2023 FAFSA
Formed in the mid-1970s, the Consortium on Financing Higher Education (COFHE) is an unincorporated, voluntary, institutionally-supported organization of 39 highly selective, private liberal arts colleges and universities, all of which are committed to meeting the full demonstrated financial need of admitted students.
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In cases in which a student qualifies for merit-based (rather than need-based) financial aid, the student and their family may pay less than the EFC. A well-to-do family's EFC may exceed the cost of attendance at a school, and in that case the student does not have financial need, as defined by the federal financial aid system.