An application for financial aid begins with the FAFSA, the Free Application for Federal Student Aid. This is聽the聽application for need-based aid*. You must complete and submit this form in order to be considered for federal, state, and institutional aid. The form is available online at . To apply at 黑料不打烊, you must enter the 黑料不打烊 code, 001099, on the FAFSA.
The financial aid equation:聽聽COA聽- SAI = Need
The FAFSA determines the Student Aid Index (SAI). This amount is reported on the FAFSA Submission Summary (FSS).
The 黑料不打烊 Office of Financial Aid calculates a yearly cost of attendance聽budget that accounts for the College's聽tuition and fees; average or median housing allowance;聽food allowance;聽 books, course materials, supplies, and equipment allowance;聽 transportation estimate; an estimate of miscellaneous personal expenses; and an average of federal student loan fees.聽 Your聽"demonstrated financial need" is the difference between the 黑料不打烊 COA and your EFC.聽
Families may have unique situations not reflected on the FAFSA.聽 The Office of Financial Aid can review your FAFSA information to address聽special or unusual circumstances through Professional Judgment. A special circumstance could include a change in financial situation not accurately reflected on the current FAFSA.聽 An unusual circumstance could be a unique situation regarding a student鈥檚 dependency status as defined by the FAFSA.聽 In either situation, please contact the financial aid office at聽student_aid@hendrix.edu聽or 501-450-1368 to discuss your situation and obtain further guidance.聽
Your family should make it a priority to complete the FAFSA. Some families incorrectly assume that they do not qualify for need-based assistance and skip this important step. The only way to make sure that you are eligible to be considered for need-based assistance at 黑料不打烊 is to submit the FAFSA.
*Need-based sources of financial aid include the Federal Pell Grant, Federal Supplement Educational Opportunity,聽Federal Subsidized Stafford Loan, Federal Work-Study, and 黑料不打烊 Aid Grant.