- Free Application for Federal Student Aid (FAFSA)
- The FAFSA is the form that must be completed to apply for financial aid.
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- Expected Family Contribution (EFC)
- The EFC is the amount of money you and your family are expected to contribute for your education for an academic year. The EFC is calculated by the federal processor and is based on the information that you provide on your FAFSA.
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- Student Aid Report(SAR)
- The SAR report specifies the information you provided on the FAFSA and the federal processor's determination of your Expected Family Contribution (EFC).
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- Cost of Attendance(COA)
- COA is the amount that it costs to attend SIUC for one academic year. This amount which is determined by the school includes Tuition & Fees, Room & Board, Books & Supplies and Miscellaneous expenses.
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- Financial Need
- Your financial need for one academic year.
- COA-EFC=Financial Need
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- Financial Aid Package
- The Financial Aid awards used to meet your Financial Need.
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