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We award financial aid to 99% of students who attend Rockford College.
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Everyone applying for admission at Rockford
College is eligible to apply for financial aid. But how do
you know what to apply for?
Here are some guidelines for you to consider. |
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- Federal and state funds are awarded to U.S. citizens and permanent
resident aliens; part-time enrollment (day or evening), considered
to be two courses per semester (6 credit hours), is necessary
for eligibility for these funds
- Institutional Rockford College funds are awarded to full-time
U.S. students and international students; full-time enrollment
is equivalent to 12 credit hours
- If you are enrolled less than full-time and are receiving no
state or federal aid, you may be eligible for a part-time grant
Financial Aid Formula
How is financial eligibility determined? Just like
there’s a formula for equations in mathematics, there’s
a formula for your financial aid eligibility. Really, it’s
very simple.
Cost of
Education – Expected Family Contribution = Financial Need
Cost of Education. Includes tuition, fees, room,
and board charges. These costs are determined each academic year
by the college's Board of Trustees. In addition to these costs,
students should plan to spend an additional $1,000 to $2,000 for
books, transportation, and personal expenses.
View tuition and fees for the current academic year.
Expected Family Contribution. The amount
the family can contribute annually toward educational expenses,
based on a federal formula mandated by congressional law. Financial
data provided on the Free
Application for Federal Student Aid (FAFSA) is analyzed to produce
the Expected Family Contribution (EFC), which determines eligibility
for federal, state, and institutional funds. The six major factors
considered in calculating the EFC are student income, student assets,
parental income, parental assets, number in family, and number of
family members attending college.
Financial Need. The maximum amount of
need-based financial assistance a student may receive. Eligibility
is conveyed to the student by a financial aid award notice that
lists the types and the sources of aid they are offered.
Apply for Financial Aid
Verification of Financial Aid Data
Academic Progress Standards
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