Otherwise, you won't be able to receive federal student aid. The Statement of Updated Information on the back of Part 1 of your SAR gives the information that must be updated. Once we have received your information, we use it to determine eligibility for financial aid. Part of that determination is identifying financial need. The calculation starts with cost of attendance.
Lets look at some detail.
We will then attempt to fill the need with need based funds. The fund types and amounts will vary based on need, timeliness of application, year in school, and other factors. While student loans are an increasing part of a student's financial aid package, Eastern Oregon University attempts to fill need with other types of aid prior to filling with loans. Most students will receive some type of loan in their award package, we make every effort to fund students in grants and work programs when possible. 4.Student is notified if recipient of any Eastern scholarships by around mid-March.