Remaining need definition

Remaining need means any positive difference between a student's financial need and the sum of federal, state, and institutionally-controlled gift assistance known at the time of awarding.
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Remaining need means any positive difference between a student's financial need and the sum of all need-based gift assistance known by the institution at the time of packaging awards under the Virginia Student Financial Assistance Program (see definition of "financial need").
Sample 1

Examples of Remaining need in a sentence

  • The application of HKFRS 11 might result in changes in the classification of the Group’s joint arrangements and their accounting treatments.

  • Example:Cost of attendance $15,224Expected Family Contribution - 3,000Need $12,224Pell - 2,765SEOG - 800MAP - 1,650Rotary Club Scholarship - 500Remaining need $6,509Stafford Subsidized Loan - 3,500 Remaining need $3,009The example above assumes full-time enrollment for both fall and spring semesters for an independent student not living with parents.

  • Example:Cost of attendance $14,672Expected Family Contribution - 3,000Need $11,672Pell - 2,765SEOG - 600MAP - 1,320Rotary Club Scholarship - 500Remaining need $6,487Stafford Subsidized Loan - 3,500 Remaining need $2,987The example above assumes full-time enrollment for both fall and spring semesters for an independent student not living with parents.

  • Basic skills examination during PRAXIS pass rate per year TABLE 3Student Demographics and Retention 4) Forgivable Loans Awarded to Participants Each Year:1) Remaining need after federal/scholarship/gift aid is awarded- See Table 4 (Pages 7-8)2) Per student Forgivable Loan awards – (Pages 10)Table 4 cont.

  • Basic skills examination during PRAXIS pass rate per year TABLE 3Student Demographics and Retention 4) Forgivable Loans Awarded to Participants Each Year:1) Remaining need after federal/scholarship/gift aid is awarded- See Table 4 (Pages 7-8)2) Per student Forgivable Loan awards – (Pages 10)Table 4 con’t 43.

  • Example:Cost of attendance $14,462Expected Family Contribution - 3,000Need $11,462Pell - 3,945SEOG - 800MAP - 1,800Rotary Club Scholarship - 500Remaining need $4,417Stafford Subsidized Loan - 3,500 Remaining need $917The example above assumes full-time enrollment for both fall and spring semesters for a dependent student living with parents.

  • Basic skills examination during PRAXIS pass rate per year TABLE 3Student Demographics and Retention (4) Forgivable Loans Awarded to Participants Each Year:1) Remaining need after federal/scholarship/gift aid is awarded- See Table 4 (Pages 6-8)2) Per student Forgivable Loan awards – See Table 5 (Pages 9– 10)3) Number of participants in loan repayment (amount).

  • Assess need - Remaining need depends on whether reimbursement is permitted. Here, assume reimbursement is permitted. Therefore, look at need at date of disaster (i.e., $115,000).

  • Remaining need (potential future topic): There was uncertainty about the process for opening and tracking letters received at the Avery Park office.

  • Remaining need, should funding in footnote 4 be appropriated: $6.7 million.

Related to Remaining need

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