EFC Formula Guide (2018-2019) (pdf)
The methodology used for determining the Expected Family Contribution for 2017-2018
Complete the FAFSA (Free Application for Federal Student Aid) online at a site maintained by the U.S. Department of Education.
Use this FAFSA on the Web worksheet to collect all of the pertinent information before beginning your FAFSA. Then, simply enter the data online when ready to file the FAFSA.
An FSA ID gives you access to Federal Student Aid online systems and can serve as your legal signature. Students and parents should apply for one as soon as possible. The FSA ID will allow you to access to your personal information on various US Department of Education websites. Because your FSA ID serves as your electronic signature, the information should be kept in a secure place.
Funding Your Education: A Guide to Federal Student Aid (pdf) The complete handbook of student financial aid. Included are program descriptions and eligibility requirements for the federal aid programs: Federal Pell Grants, Federal Work-Study, Federal Perkins Loans, Federal Supplemental Educational Opportunity Grant (SEOG), and Federal Parent Loan programs for undergraduate students (PLUS) and former GSL, SLS, and Federal Stafford, current Federal Stafford Subsidized and Unsubsidized Loans.
Track the entire history of your federal student aid, from award through account closure, with The U.S. Department of Education’s central database for federal student aid.
Family resource for free information from the U.S. Department of Education regarding aid for education beyond high school.
- Repayment Basics: Send borrowers to StudentAid.gov/repay for details about loan repayment. Borrowers can learn how to make payments on their loans; find the right repayment plan; figure out what to do if they can’t afford their payments; and see what circumstances might result in a loan being forgiven, canceled, or discharged.
- My Federal Student Aid: Borrowers can log in at StudentAid.gov/login to view their federal student loan information, including loan balances, interest rates, and loan servicer contact information.
- Repayment Calculator: Borrowers can use this tool at StudentAid.gov/repayment-estimator to compare different monthly payment options based on their loan debt, income, and family size.
- Repayment Options (NEW): Borrowers can use this interactive tool at StudentLoans.gov/repay to get help choosing a student loan repayment option in five steps or fewer.
Under the American Recovery and Reinvestment Act (ARRA), more parents and students will qualify for the American Opportunity Tax Credit to help pay for college expenses. The American Opportunity Tax Credit modifies the existing Hope Credit. The AOTC makes the Hope Credit available to a broader range of taxpayers, including many with higher incomes and those who owe no tax. It also adds required course materials to the list of qualifying expenses and allows the credit to be claimed for four post-secondary education years instead of two. Many of those eligible will qualify for the maximum annual credit of $2,500 per student. The full credit is available to individuals whose modified adjusted gross income is $80,000 or less, or $160,000 or less for married couples filing a joint return. The credit is phased out for taxpayers with incomes above these levels. These income limits are higher than under the existing Hope and Lifetime Learning Credits. The American Taxpayer Relief Act of 2012 extended the AOTC for five years through December 2017.
Brought to you by the National Association of Student Financial Aid Administrators.
A collection of student produced videos on diverse financial aid topics and PSU processes.
Are you currently in or have been in foster care and need help paying for college or career school? If so, you might be interested to know that the John H. Chafee Foster Care Independence Program helps current and former foster care youth through the Educational and Training Vouchers (ETV) Program.
Learn how the Army National Guard of NH can help with your higher education expenses.
Financial Awareness Counseling provides tools and information to help you understand your financial aid and assist you in managing your finances.
This website provides a wealth of information on subjects such as Credit Cards, Loan Calculators, EFC Estimators, FAFSA and Scholarships.
Higher Education Agencies and Financial Assistance Agencies
|CT||Connecticut Student Loan Foundation (CSLF)||525 Brook St
Rocky Hill, CT 06067
|CT||Connecticut Higher Education Student Loan Authority (CHESLA)||342 No. Main St , Suite 202
West Hartford, CT 06117
|MA||Massachusetts Education Financing Authority (MEFA)||125 Summer St, Suite 300
|ME||Maine Educational Loan Authority (MELA)||131 Presumes St. Portland, ME 04103||1-800-922-6352|
|NH||New Hampshire Higher Education (NHHEAF)||P.O. Box 877
Concord, NH 03302
|NH||NH Division of Higher Education||101 Pleasant St
Concord, N.H. 03301
|NJ||New Jersey Higher Education Assistance Authority (HESAA)||P.O. Box 545 Trenton, NJ 08625||1-800-792-8670|
|NY||New York Higher Education Services Corporation (HESC)||99 Washington Ave
Albany, NY 12255
|PA||Pennsylvania Higher Education Assistance Corporation (PHEAA)||1200 N. 7th St
Harrisburg, PA 17102-1444
|RI||Rhode Island Student Loan Authority (RISLA)||560 Jefferson Blvd., Suite 200
Warwick, RI 02886
|VT||Vermont Student Assistance Corporation (VSAC)||P.O. Box 999
Winooski, VT 05404