Eligibility For Financial Aid

Students interested in applying for financial aid must meet the following eligibility criteria:

  • You must be matriculated in a distance education graduate program at UNE and you must be enrolled for at least 3 credits for each semester that you receive financial aid.
  • You must be a U.S. Citizen or an Eligible Non-Citizen as defined on the Free Application for Federal Student Aid (FAFSA). You may be asked to provide documentation of your status.
  • You must maintain "Satisfactory Academic Progress" as defined by your program of study.
  • You must not be in default on a prior federal education loan at any institution.
  • You must not owe a federal education grant repayment at any institution.
  • You must, if required, be registered with the Selective Service.
  • You must have a valid Social Security Number.
  • You must not have your financial aid eligibility suspended or terminated as a result of a drug-related conviction.

How Your Financial Need is Determined
Your cost of attendance is the estimated direct costs that you will incur each semester in your program. Direct costs consist of tuition, fees, and equipment expenses. Federal regulations prohibit the Financial Aid Office from recognizing living expenses in the cost of attendance for distance education students.

Your expected family contribution (EFC) is determined by the Federal Processor when you file the Free Application for Federal Student Aid (FAFSA). The data that you report on the FAFSA is put through a formula called Federal Methodology, and the resulting EFC is the amount of money that the formula assumes you and your family can contribute toward your educational expenses for the academic year.

Your financial need is determined by subtracting your Expected Family Contribution (EFC) from your Cost of Attendance. If the resulting amount is greater than zero, it is determined that you have financial need and may qualify for the Federal Subsidized Stafford Loan program (see the section entitled Federal Stafford Loans). If you do not demonstrate financial need, you may still qualify for the Federal Unsubsidized Stafford Loan program (see the section entitled Federal Stafford Loans).

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