How Financial Need is Determined
The following calculation is used to determine financial need:

Cost of Education (less) Student Contribution=Financial Need

Student contribution is based on the student's (and spouse's if applicable) income from the previous year, current assets, savings, and investments.  Homes are not included in the asset calculation.  Eligible students may borrow their student contribution through the Federal Direct Unsubsidized Loans and/or the Federal Direct Graduate/Professional PLUS Loans.