Quantcast
College of Central Florida College of Central Florida
Search CF:
Search A-Z

Financial Aid - Student Eligibility

All types of financial aid have some kind of eligibility requirements. Financial aid from the State usually requires the student to be a resident of the state for tuition purposes. Some scholarships have specific criteria designated by the donor.

In general, to be considered for student financial aid a student must:

  • be a citizen or an eligible non-citizen of the United States (as determined by the USDOE)
  • Have a valid Social Security Number (name, social security number and date of birth MUST match Social Security Administration’s records)
  • Have a high school diploma, GED, or demonstrate the ability to benefit on the CPT assessment test
  • register with Selective Service, if required (males).
  • be accepted to the college as a degree or certificate seeking student in an aid eligible program at CF
  • be making satisfactory progress toward the completion of a program of study according to the "Standards of Satisfactory Academic Progress for Financial Aid Recipients at College of Central Florida"
  • not owe a refund on any grant or loan, not be in default on any loan, have made satisfactory arrangements to repay any defaulted loan, and have not borrowed in excess of the loan limits under Title IV Programs at any institution
  • re-apply each academic year (after January 1)

Please note a drug conviction may effect aid eligibility.

 

Eligibility Determination

College of Central Florida's priority deadline for each academic year is May 1st.  Students who have all documents on file by the priority deadline will be offered funding for all types of aid based on availability of funds. Students applying after this date will be considered late applicants and may be denied any deferment of tuition and fees.

The federal processor uses the information on the FAFSA to determine the amount the family (student and parent or student and spouse) is expected to contribute towards the student's postsecondary education. This amount is referred to as the Expected Family Contribution (EFC).

Financial aid is awarded based upon need. Need is the difference between the student's cost of attendance (budget) at CF and the Expected Family Contribution, less any other scholarships, etc., that the student may receive. If this difference is a positive figure, the student is considered to have financial need. The cost of attendance (budget) includes tuition, fees, books and a modest but adequate amount for room, board, transportation and miscellaneous expenses.

 

Example:

Student's budget for nine months
$ 7,500.00
Less: expected family contribution
- 1,500.00
Less: private scholarship
- 1,500.00
Financial need for nine months
= $ 4,500.00

 

SHARE THIS PAGE:
| more
Follow us on:Like Us On FacebookFollow Us On TwitterView Our Videos On YouTube!College of Central Florida RSS Feeds