Office: 423.323.0252 Office Hours Start FAFSA  Financial Aid Help Center 
Fax: 423.323.0232 Monday - Thursday 7:30am to 6:00pm
Room C2406 Friday 7:30am to 5:00pm
  Federal School Code 005378


What is Financial Aid?

    Student financial aid is defined as money received from an outside source to assist the student and/or family in paying for the cost of higher education. Financial aid is available from Northeast State; local, state, and federal governments; and private organizations. Financial aid may be awarded based on merit or need. Merit-based aid is awarded based on the recognition of special skills, talents, or academic ability. Need-based aid is awarded based on the applicant demonstrating financial need for the award.

 
Calculation of Financial Need 
Cost of Attendance  -  Total Family Contribution   =  Financial Need 
Tuition, Fees, Books, Supplies, Room & Board, Personal Expenses, and Transportation Contribution from parents/students/spouses income, assets, and other resources

    What is Financial Need?

    Financial need is the difference between the cost of attending Northeast State and the family's ability to pay. The family's ability to pay is determined by completing the Free Application for Federal Student Aid (FAFSA).

     

    Filing the FAFSA is a free service that enables a Northeast State student to apply for all types of federal and some state and local student aid. It is also required for Foundation and Diversity scholarships. The application, which collects income and asset information, must be submitted for analysis and computation of the Expected Family Contribution (EFC).

 
Cost of Attendance 

Personal expenses, room and board, and transportation costs are components normally used in calculating the cost of attendance. Costs for dependent care related to a student's educational program, unreimbursed costs related to disability expenses, as well as costs for the required purchase of a computer may be considered in calculating the cost of attendance. All documentation must be submitted to the Financial Aid Office. An example of the typical cost of attendance for two semesters is listed below:

  In-State Living with Parents  In-State Not Living with Parents  Out-of-State 
Tuition/Fees $3,378 $3,378 $13,002
Books & Supplies $1,500 $1,500 $1,500
Room/Board/Personal $4,650 $8,400 $8,400
Transportation  $3,000   $3,000   $3,000 
Total $12,528 $16,278 $25,902