Financial Need

Your eligibility for CTS grants, federal work-study and federal direct subsidized Stafford loans is based on your financial need.

The following formula is used to determine financial need:

   CTS Cost of Attendance (COA)
 - Expected Family Contribution (EFC)
   Financial Need


CTS Cost of Attendance include your tuition and fees, and allowances for books and supplies, loan fees, room and board, transportation and miscellaneous expenses (medical/dental, clothing, insurance, etc.).


Expected Family Contribution is calculated from the information you report on the FAFSA and according to a formula established bylaw.  Your (and your spouse’s, if married) income (taxable and untaxed), assets, family size and number I college or career school are considered in this formula.