FAQ: What is financial aid?
Financial aid is money that helps pay the difference between how much it costs to attend college and how much you and your family (if applicable) are expected to contribute, as determined by a formula established by the U.S. Congress. For example, say it costs $10,000 to attend college for one year, and your expected family contribution (EFC) is figured to be $2,000. To determine how much financial aid you may receive, you would subtract the EFC from the cost of attendance: $10,000 - $2,000 = $8,000 The Financial Aid Office will attempt to fund or provide as much of that $8000 as possible based upon federal limitations. Whenever possible, we will attempt to fund the $2,000 EFC as well.

You can estimate your expected family contribution and subtract that from your cost of attendance.