Office of Financial Aid & Scholarships
How Aid is Determined
Completing the financial aid process can be overwhelming for students and parents. Here you will find all you need to navigate the process-including a step-by-step process, a glossary of helpful terms, and money management strategies to name but a few. We hope you’ll find the process convenient to manage via the tools and resources found here.
How Aid is Determined
Cost of Attendance
We assign you a standard budget (cost of attendance) based upon the costs associated with going to school for all students in your category.
Expected Family Contribution
The Expected Family Contribution (EFC) is the amount the federal government says you and your family should pay toward your education and living expenses based on your FAFSA information. If you are a dependent student, the EFC is based on your parents’ income as well as your own. If you are independent, the EFC is based only on your household income. The federal government calculates your EFC and it is not something Langston University can change directly.
Financial Need
Your financial need is the difference between your Cost of Attendance (COA) and your EFC. (Budget – EFC = Financial Need) A federal or state drug conviction can disqualify a student for FSA funds. The student self-certifies in applying for aid on the FAFSA that he is eligible.