To be eligible for financial aid, a student must:
- Maintain enrollment in a degree program (or in Teacher Certification program, working toward licensure).
- Be a U.S. citizen or eligible non-citizen (permanent resident).
- Maintain satisfactory academic progress while enrolled.
- Be registered for Selective Service (if applicable).
- Not be in default on a prior federal loan or owe an amount on a prior federal grant.
- Terms and Conditions must be read and accepted in order to receive financial aid.
Most student aid is awarded based on financial need. Due to federal regulations, universities cannot award need-based aid if it exceeds the student's total Financial Need.
The Cost of Attendance (COA) is an estimate designed to help students determine what it may cost to attend Appalachian for an academic year. The COA (sometimes referred to as a “budget”) is not a final bill but is an estimate of education expenses. This budgeting tool is based on full-time enrollment and is made up of direct and indirect costs
Expected Family Contribution is established based on the information entered on your FAFSA including household size, income, taxes paid, etc. Your EFC is used to determine eligibility for various award programs.
Financial Need is factored by subtracting a student's Expected Family Contribution (EFC) from the Cost of Attendance (COA).