Most aid is awarded to students on the basis of need. The basic premise underlying the financial aid program is that the primary responsibility for meeting college expenses rests with the student. Where appropriate, parents and spouse are taken into consideration when making a determination of resources which should be available to meet educational expenses. After a determination of available resources is made, these resources are subtracted from a budget which is based on normal education and living costs. The amount of aid a student is awarded will not exceed determined need.
All financial aid falls into three categories.
Loan and work assistance are frequently referred to as self-help assistance. Most financial aid to an individual student comes in the form of a package the aid offered contains a mixture of gift and self-help assistance. Application Procedures Students should apply for financial aid as soon after January 1 of each year as possible. Tax returns and other supporting documentation may be requested. If so, they must be submitted to the Office of Financial Aid in Augusta.