Award Information - How is My Financial Aid Package Calculated?
Your Financial Aid Package is unique to you. We calculate your award package based on your need. Your need is calculated as the difference between our standard cost of attendance (COA) and your specific Expected Family Contribution (EFC). Other factors which affect your individual eligibility for aid include the number of classes you take each semester, your housing plans and the number of credit hours you have earned toward your degree.
Unless you tell us otherwise, we will assume you are a full-time student (at least 12 credits for undergraduate students and 6 credits for graduate students) and will create a package for you based on this. If your enrollment status changes, your award package may change. If you know you are going to be less than full time for either semester, please communicate this through your MaineStreet portal when you Accept/Decline your financial aid award.
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