Assessing Your Application

As a rough guide, if you're single and live at home while studying, your yearly expenses will be $5,000 to $7,000. If you are single and live away from home, you can expect your expenses to be $10,000 to $12,000. If you have dependent children, the cost will be even higher.

The formula that we use to calculate how much assistance you'll receive is simple:

Your Allowable Expenses - Your Expected Contribution = Financial Need

If your academic or financial situation changes, you must inform Student Financial Assistance immediately. A reassessment of your loan will be done and may result in additional funding, no change or less funding. Change to name or address must also be reported immediately.