The University of Texas-Pan American
 
Student Financial Services
July 04, 2009

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Need Analysis

Student financial aid is awarded on the basis of financial need. When a student applies for federal student aid, the information reported on the FAFSA is used to calculate a student's Expected Family Contribution (EFC). The EFC is the amount that a student and their family are expected to contribute toward educational expenses.

If the students expected family contribution is below a certain amount, they can be eligible for a Federal Pell Grant, assuming they meet all other eligibility requirements.

Cost of attendance - Expected Family Contribution = Financial Need

Your Cost of Attendance (COA) minus the amount you and your family are expected to contribute toward that cost (EFC) will determine what your financial need will be for that year.

A Free Application for Federal Student Aid FAFSA must be submitted for each academic year that the student wishes to be considered for financial assistance.
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