- What is an EFC?
- Is financial aid available for winter session?
- Is there a maximum income level, which automatically makes families ineligible for financial aid?
- My parents are not helping me pay for college. Is there anything I can do?
- My friend received a lot of financial aid, and I am a much better student than he is. Why did he get more aid than I did?
- We have two students enrolled at Clarion. Is there any kind of discount available for two students from the same family enrolled at the same time?
- Do you recommend any scholarship search companies, or consultants to help us file the FAFSA?
- I am a traditional age college student, and I just became a mother. Is there any extra financial aid available to me?
- I am a traditional age college student, and I plan to be married soon. How will this affect my financial aid?
- Where is my student loan?
- We received a letter from your office asking us about our untaxed income. What is that?
- Why didn’t I get a Pell/PHEAA grant this year?
- Why is my grant lower this year than last year?
The expected family contribution, or EFC, is a number calculated by applying federal methodology to the information provided by the student and parents on the FAFSA. The EFC represents an index of the family’s ability to contribute toward the student’s education, and should not be interpreted to mean that it is the amount that the family should write a check for.
Financial need is the difference between the EFC and the cost of attendance. Typically, a combination of grants, loans, campus employment, and scholarships fill up some of the financial need. However, the family is financially responsible for the difference between the college cost and the amount of financial aid received.
My family and I cannot afford the expected family contribution that the student aid report says that we are supposed to contribute toward my college expenses. What do we do?
All students (who have a valid FAFSA on file) can borrow through the Stafford Loan Program even if they do not show financial need. Parents can borrow the amount of the expected family contribution through the PLUS loan (or through private loans). If the parent/s are denied a PLUS loan, the student may borrow an additional amount through the federal Stafford loan program.
Families in this situation often consider home equity lines of credit, loans taken against their retirement plans, or private loans.
Federal and state financial aid is not available for winter session. Many students find that their financial aid for fall and spring is sufficient to fund a course taken during winter session. Students who need additional funds may consider a private loan.
No. We strongly encourage all families to file the FAFSA. While a family’s income and assets are part of the formula used to determine financial need, there are other variables involved, such as the number in the family, and the number in college. Since the federal and state formulas that determine families’ eligibility for aid change often, it would be unwise for anyone to assume that they will not qualify for financial aid.
Families should remember that Stafford Loans are available to students who file the FAFSA regardless of financial need. As well, most students are eligible for campus employment regardless of need. Additionally, while financial need is a criterion for some scholarships, other scholarships may have no such specification.
Why are your parents not helping you? If you feel that your circumstances are extraordinary (if for example, you are being raised by your grandparents), you should contact the Office of Financial Aid. If your parents do not feel that they can afford to pay for college for you, you should encourage your parents to file the FAFSA anyway. Remind them that filing the FAFSA does not obligate them to pay for your college expenses. (It just obligates them to provide accurate financial information) Perhaps you will be eligible for federal or state grants. At the least, you will be eligible for the federal Stafford Loan.
Federal and state grants are awarded on the basis of financial need. It is possible that your friend is receiving need-based financial aid, and that his financial need is higher than yours.
We have two students enrolled at Clarion. Is there any kind of discount available for two students from the same family enrolled at the same time?
The good news is that having two children enrolled in college at the same time usually reduces your EFC significantly. The bad news is that Clarion University does not offer a tuition discount for two or more students enrolled from the same family.
We strongly discourage you from paying any company or individual (including your accountant) to file the FAFSA or to complete a scholarship search for you. Be wary of any firm that wants to charge you money for filing a FAFSA, for generating a list of “guaranteed” sources of funding, or for securing a specific scholarship.
I am a traditional age college student, and I just became a mother. Is there any extra financial aid available to me?
If you provide more than 51% of the financial support for your self and your child (housing, utilities, food, clothing, transportation, medicine, etc.) you may file the FAFSA as an independent student. For financial aid purposes, only your income and assets and those of your spouse would be considered in the federal formula to determine your eligibility for need-based aid.
Beyond the federal and state grants and federal loans already listed, there is no special college financial aid program for mothers.
I am a traditional age college student, and I plan to be married soon. How will this affect my financial aid?
You can be considered as independent for federal financial aid purposes (only your income and assets will be considered, not your parents) if you file the FAFSA after you are married. However, if you are married after May 1, and file the FAFSA after May 1, you will be considered late for PHEAA state grant purposes. Please note that if you file the FAFSA before you are married, you cannot then be reconsidered for the same academic year.
If you have a current FAFSA and a Master Promissory Note on file, and have checked Clarion’s Web for Students and PHEAA’s website at pheaa.org and do not see that your loan has been certified, it could be for one of these reasons:
- You have been selected for federal verification, and the process has not been competed. Solution: If you are certain that you have submitted all required documents to the Office of Financial Aid, call them at 814 393-2315 to see when verification will be completed.
- We are waiting for notification of all of your financial aid awards, including outside scholarships, military benefits, OVR, etc. so that we can determine the amount of your loan.
- We cannot certify a loan for summer or for the next academic year until you have completed this semester (or this summer’s) courses, and the Registrar has recorded your grades.
- Are you certain that you made satisfactory academic progress during the last loan period?
- You may have made an error on the MPN, and PHEAA is waiting for you to make a correction.
- The bank may not have forwarded your money. It generally takes 7 to 10 working days for the bank to send the money to Clarion after we have certified the loan.
- We cannot certify a loan if you are enrolled for less than 6 credits.
The FAFSA asks about any sources of income or assets that a family received in the last tax year. Frequently, families have some income that is untaxed. If you were selected for verification by the federal financial aid processor, you may be asked to provide more detailed information about the type, source, and amount of any untaxed income. Examples of untaxed income are: payments to tax-deferred pension and savings plans, child support received, alimony, social security, disability pay, earned income credit, child care tax credits, worker’s compensation, cash gifts or other benefits, welfare and TANF benefits.
Likely reasons include:
- You may not have a current FAFSA on file.
- You may not have listed Clarion University as a recipient of your information.
- You may have filed past the PA state grant deadline of May 1.
- Your FAFSA or PHEAA grant application may be incomplete.
- You may not have made satisfactory academic progress.
- You or your parent’s income or assets may have increased to the extent that you are not longer eligible for grant aid.
- Your family size, or number in college may have decreased.
- You may have made an error reporting income, untaxed income, taxes paid, or assets.
Contact the Office of Financial Aid to see if your situation can be resolved.
- Your and/or your parents’ income or assets may have been higher last year than in prior years.
- You and/or your parents’ may have had significant untaxed income the past year.
- Your family size or the number in college may have decreased.
- If you are transferring to Clarion, your previous school may have cost more than Clarion.
- You made an error in reporting income, assets, or other information.