Definitions for "Estimated Financial Aid"
The school's estimate of the amount of financial assistance from federal, state, institutional, or other sources that a student will receive for a period of enrollment. This may include scholarships, grants, financial need-based employment or loans. EFA does not include certain loans used to replace the expected family contribution or Federal Perkins Loans or Federal Work-Study funds that the student has declined.
This is only an estimated figure of your financial aid package. This is displayed on your Estimated Bill to assist you in your budgeting for the future due date. It has not been credited to your account.
The institution's estimation of the amount of financial assistance/aid a student is eligible to receive for an enrollment period.