Estimated Financial Assistance definition

Estimated Financial Assistance or “EFA” means educational benefits (including those from federal, state, institutional, or other sources) that are paid during a specific period of time because of enrollment in postsecondary education or to cover postsecondary education expenses. Without enrollment in postsecondary education, individuals would be otherwise ineligible to receive these benefits. Additional information about EFA can be found in the Code of Federal Regulations 34 CFR 685.102 (b) and 673.5 (c).
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Estimated Financial Assistance means for the period for which a loan is sought, the estimated amount of assistance that a school is aware a student has been or will be awarded in federal, state or privately supported scholarship, grant, work, or loan programs, any amount paid under the Social Security Act to, or on account of, the student which would not be paid if he or she were not a student, and any amount paid the student under Chapters 32, 34, and 35 of Title 38, United States Code.
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Estimated Financial Assistance means the estimated amount of assistance that a student has been or will be awarded during the period of enrollment for which the loan is sought from federal, state, institutional or other scholarship, grant, work, or loan programs, including but not limited to:
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Examples of Estimated Financial Assistance in a sentence

  • Remember when packaging subsidized or need-based aid, the basic formula is COA minus Expected Family Contribution (EFC) minus Estimated Financial Assistance (EFA) equals need.

  • The general rule in packaging is that the student’s total financial aid and other Estimated Financial Assistance (EFA) must not exceed the student’s financial need.

  • Except for Pell Grants, federal student aid amounts are constrained by the student’s Estimated Financial Assistance (EFA).

  • PROCEDURE The receipt of the funds and application to the students account is then identified as a resource for the financial aid office through the RPAARSC form and treated as Estimated Financial Assistance.

  • There is a real awareness that improvement must be accelerated.• An LA officer, Mike Garside, is to take on specific responsibilities in coordinating the work of the BEICB.

  • FSEOG Emergency Aid Grants are not considered Estimated Financial Assistance.

  • The general rule in packaging is that the student’s need-based aid must not exceed the student’s financial need, and total financial aid and other Estimated Financial Assistance (EFA) must not exceed the student’s cost of attendance (COA).

  • While payments for a student’s cost of attendance typically qualify as Estimated Financial Assistance (EFA), these payments are not included in EFA if they are provided to a student for costs that meet all of the following criteria:  Not associated with a course requirement Not required for degree or certificate completion Educational experience enrichment only These payments will be processed through SIS and refunded to students once a week (on Thursdays).

  • Pell Grant is determined by a student’s individual EFC.Subsidized Loans – Cost of Attendance - Estimated Family Contribution = NEED Unsubsidized Loans – Cost of Attendance - Estimated Financial Assistance = NEED Parent Plus Loans – Cost of Attendance - Estimated Financial Assistance =NEEDRIGHTS AND RESPONSIBILITIES OF STUDENTS RECEIVING FINANCIAL ASSISTANCE Disclosure requirement: publicly disclosed and made available through appropriate publications, mailings, or electronic media.

  • Your SAR will include: Estimated Family Contribution (EFC), a calculation generated when you submit your FAFSA; Estimated Financial Assistance (EFA), which accounts for financial aid you may be receiving, such as scholarships, bursaries and/or awards; and details of any student loans you have already received.

Related to Estimated Financial Assistance

  • Financial assistance means the transfer of money or property to an Applicant or Participant to accomplish a public purpose of support authorized by Federal statute through Grants or Cooperative Agreements and sub-awards. For DOE, it does not include direct loans, loan guarantees, price guarantees, purchase agreements, Cooperative Research and Development Agreements (CRADAs), or any other type of financial incentive instrument.

  • Cash assistance means cash benefits provided under the family independence program, the refugee assistance program, or state disability assistance.

  • Federal financial assistance means any grant, loan, contract (other than a procurement contract or a contract of insurance or guaranty), or any other arrangement by which the Department provides or otherwise makes available assistance in the form of:

  • Financial Assistance Agreement means the Financial Assistance Agreement by and between the State of Wisconsin by the Department of Natural Resources and the Department of Administration and the Municipality pursuant to which the Bonds are to be issued and sold to the State, substantially in the form attached hereto and incorporated herein by this reference;

  • Substantial Assistance means the physical assistance of another person without which you would not be able to perform an activity of daily living; or the constant presence of another person within arm’s reach that is necessary to prevent, by physical intervention, injury to you while you are performing an activity of daily living.

  • Rental Assistance or “Subsidy” means Gross Rent minus the sum of the utility allowance and the Eligible Household’s payment of 30% of their monthly net income.

  • General Assistance means a service in which the End User dialing - 0 asks the OS operator for assistance. The operator will respond in accordance with OS methods and practices that are in effect at the time the End User makes an OS call where available and technically feasible.

  • Legal assistance means provision of legal advice, counseling and representation by an attorney or other person acting under the supervision of an attorney.

  • Medical assistance means medical assistance as established under title XIX of the social security act, 42 USC 1396 to 1396w-5.

  • Resettlement Assistance means the measures to ensure that project affected persons who may require to be physically relocated are provided with assistance such as moving allowances, residential housing or rentals whichever is feasible and as required, for ease of resettlement during relocation.

  • occasional assistance means any payment or provision made by a local authority, the Welsh Ministers or the Scottish Ministers for the purposes of—

  • Financial assurance means a commitment of funds or resources by an operator to a regulatory authority that satisfies the requirements in s. 14 and is sufficient to pay for reclamation activities required by this chapter.

  • technical assistance means any technical support related to repairs, development, manufacture, assembly, testing, maintenance, or any other technical service, and may take forms such as instruction, advice, training, transmission of working knowledge or skills or consulting services, including verbal forms of assistance;

  • Housing assistance means appropriate referrals by the

  • Public assistance means Temporary Assistance for Needy Families (TANF); auxiliary grants to the

  • Personal assistance services means a range of services including, among other things, training in managing, supervising, and directing personal assistance services, provided by one or more persons, that are designed to assist an individual with a disability to perform daily living activities on or off the job that the individual would typically perform without assistance if the individual did not have a disability. The services are also designed to increase the individual's control in life and ability to perform everyday activities on or off the job; necessary to the achievement of an employment outcome; and provided only while the individual is receiving other vocational rehabilitation services.

  • Financial Assurances means the financial assurances provided by the Shipper and accepted by the Carrier in accordance with Rule 21.

  • Government assistance means a grant, loan, or tax increment financing that result in a financial benefit from an agency, commission, instrumentality, or other entity of the District government.

  • Medical Assistance Program means the medical assistance provided pursuant to Chapter 319v of the Connecticut General Statutes (CGS) and authorized by Title XIX of the Social Security Act. The program is also referred to as Medicaid.

  • Dental assistant means any person who, under the supervision of a dentist, performs any extraoral services including infection control or the use of hazardous materials or performs any intraoral services on patients. The term “dental assistant” does not include persons otherwise actively licensed in Iowa to practice dental hygiene or nursing who are engaged in the practice of said profession.

  • Available government assistance means any governmental rental or housing payment benefits available to the individual or any household member.

  • Animal shelter means a facility operated by a humane society or any society organized under Chapter 1717. of the Revised Code or a dog pound operated pursuant to Chapter 955. of the Revised Code.

  • Energy assistance means benefits to assist low-income households with their home heating and

  • Medical assistant means an unlicensed person who meets the

  • Nursing Care Plan means a plan of care developed by a nurse that describes the medical, nursing, psychosocial, and other needs of a child and how those needs shall be met. The Nursing Care Plan includes which tasks shall be taught, assigned, or delegated to the qualified provider or family.

  • Medication assistance means assistance rendered by a