Fort Valley State University

For financial aid purposes, your established financial need is the difference between the Cost of Attendance (COA) and the Estimated Family Contribution (EFC).

Your EFC is derived from the formula developed by the Department of Education. This formula is called the Federal Methodology. It subtracts the allowances (taxes and FICA paid) from the resources (parent and student/spouse income and assets including non-taxable income such as Social Security), and then makes adjustments based on the age of the older parent for dependant students, the number of people in the family, and the number of family members in college.

The EFC is electronically provided to the OFSA by the Federal Processor. The Federal Pell Grant, Federal Supplemental Education Opportunity Grant, Federal College Work Study, Federal Perkins Loans, Federal Subsidized Stafford Loans, Regent Scholarships and some FVSU scholarships are awarded based on established financial need.