General financial aid policies and procedures are reviewed and established each year by a committee of faculty, administrators and students. We hope that this information will help you understand how your award was calculated, the types of aid offered, and how to evaluate your award in making important decisions about your future college. The Statement of Financial Aid lists the aid for which you are eligible and indicates requirements that must be met in order to finalize your aid package. The first page must be signed and returned only if you decline all or part of an aid component. Please note that you will complete Loan Entrance Interview requirements when you arrive at school in the fall.
Higher education is a valuable investment.
Parents and students have the primary responsibility for financing the student's education. Financial aid meets costs that families cannot. A family's ability to pay for college is measured through standardized methods of need analysis. While a need analysis can determine a family's ability to contribute, it cannot determine how a family finances its contribution. Generally, families use a combination of current income, savings and investments, payment plans, and parent loans to meet their contribututions.